Another day another loss as the Dow fell 377 points on light volume. The advance/declines were negative. The summation index is beginning to move sideways. The Dow led the way down. There was an overnight computer glitch that affected trading at many online brokerages including mine which is also in the process of changing platforms. Now trading itself is hard enough without the sites that you are using to do it creating even more problems. But this is the reality of electronic trading. We'll see what happens on Monday. The S&P 500 had a pretty negative week. The short term indicators here are now mid-range or lower. The weekly indicators have turned down and have plenty of room to move lower. We'll look for a move back to the down trend line that was just broken on the daily chart. That might give us a chance at the SPY August puts. Gold got clocked as the futures fell $56. The US dollar was up along with interest rates. The XAU dropped 1 3/4, while GDX shed 1/2. Volume was average. The gold shares held up well despite the drop in gold and that is bullish. They also finished up from the lows on the day. Today could have been the completion of the move back to the longer term down trend line on the weekly chart. We'll know as time moves on. I still favor the GDX August calls at some point but will need a working platform to trade them. Mentally I'm feeling frustrated but the market doesn't care. The VIX was higher today and that fits a down market. The short term indicators are overbought. I'd expect the VIX to try and move lower next week. Quite an eventful expiration week in July with plenty of price movement. Throw in a computer mess and it makes you wonder why we try and trade at all. It's all part of the game though. We'll check the charts over the next couple of days and try to figure out a game plan going forward. Europe and Asia finished the week lower. It's Friday afternoon and time for a break.