The Dow begins this week with a loss of 261 points on light volume. The advance/declines were slightly better than 2 to 1 negative. The summation index continues to the upside. The NASDAQ led the way down. Fed and employment numbers this week. The market could be in the process of retesting that long term down trend line that it broke. Or that breakout was false and we're heading a lot lower from here. I'm still inclined to believe the former. Gold, the US dollar and interest rates pretty much ended flat on the session. The XAU lost 1 7/8, while GDX fell 1/2. Volume was pretty light. Mentally I'm a bit out of sorts as I had to have medical procedure done this morning and must return for follow up tomorrow. So the blog will not have the usual amount. When you have good health all that matters is the game. Once you have some kind of health issue you realize that's what really matters and the market comes in a distant 2nd. The VIX jumped up today which fits with a down market. Asia was mixed and Europe generally lower overnight. Hopefully I'll make it back here tomorrow.