Lower today ahead of the jobs report as the Dow fell 170 points on still light volume.  The advance/declines were 3 to 1 negative.  The summation index is still heading lower.  The selling in the bond market seems to be carrying over to stocks.  I think tomorrows price action will go a long way as to where we are heading for the next few weeks.  Short term oversold on the major big cap indices.  GE was off 1/4 on average volume.  The Bollinger bands on the daily chart here are converging.  This suggests a big move is coming up.  In which direction is the question.  Gold fell today, about $10 on the futures.  The US dollar finished little changed but came off of its lows.  Commodities in general were weak today.  The XAU and GDX had slight fractional losses on light volume.  Oversold and staying there for the gold shares.  Mentally I'm feeling OK.  Still over 2 weeks left in the June option cycle.  It looks like things are rolling over here for stocks.  If we get a strong employment report, stocks will probably head lower.  If that is the case a bounce trade in the SPY next week is possible.  Lower prices could give me a chance at getting the GE calls.  Gold closed below $1180 today and the next support comes in at $1150.  If that doesn't hold up things could really get ugly there.  I'm still looking at the October gold share calls though.  Timing is everything.  We'll watch overnight to see if the foreign markets follow the US lower.  Then all eyes will be on the market reaction to the jobs report.