The market continues to simply hang around as the Dow gained 48 points on light volume. The advance/declines were around 2 to 1 positive. The summation index is still heading lower but might be in the process of trying to turn around with todays positive breadth. The NASDAQ continues to outperform. We got a signal from the McClellan oscillator on Friday for a bit move within the next 2 trading days. We'll see if that pans out tomorrow. The S&P 500 continues to move sideways with the short term indicators at mid-range. We are considering the SPY May calls this week if we get a set up. That means if the market is weak going into Thursday, we'll try the SPY calls with one day or so left. That's the theory for now. Might already be too late if the market rallies from here. Gold was flat on the session. The US dollar was lower and interest rates ticked up. The XAU was up 1 1/8, while GDX gained about 1/3. Volume remains light here. GDX is short term oversold on some of its indicators. Might try the GDX June calls but not right now. Mentally I'm feeling a bit tired. The VIX finished flat and the daily candlestick chart still looks like it wants to go lower to me. Getting short term oversold but not completely there yet. Not really getting any clues about what's about to happen here next. Not a lot of economic data due this week but we will get retail sales tomorrow. Ongoing debt limit debate as well. We'll keep an eye on things but we might just be stuck on the sidelines for now. Asia was up and Europe flat to start the week. We'll see how things go on Tuesday.