Another mixed bag as the Dow was up while the overall market struggled. The most watched index gained 80 points on light volume. The advance/declines were shy of 2 to 1 negative. The summation index is still moving up. The NASDAQ led the way down for most of the indices. The S&P 500 remains short term overbought despite a couple of down days. It feels as though stocks are just hanging around and waiting for the next catalyst. Or perhaps it's just a holiday week feel as the markets will be closed on Friday. Whatever the case we will remain patient for now and look to put on a trade next week after we get the jobs report out of the way. Plenty of time in the April option cycle to make something happen. Gold was flat on the session. The US dollar was higher and interest rates were slightly lower. The XAU and GDX had slight fractional gains on good volume. Waiting on some kind of pullback here as both gold and the gold shares are extremely overbought. It will be risky to try the calls but that is the plan for now. Mentally I'm feeling OK. The VIX finished barely higher today and remains short term oversold. The daily chart still looks like it wants to go lower. We are in a waiting game at the moment. One trading day left this week tomorrow and I'm pretty sure that we will just let it pass. We won't try and force things here but try and let the markets tell us where we go next. Having patience isn't the easiest thing in the world sometimes but it is necessary in the game. So we'll simply stay on the sidelines until next week. Europe and Asia finished mixed. We'll keep an eye on the overnight headlines.