Generally lower today although the NASDAQ managed to post a small gain. The Dow fell 219 points on light volume. The advance/declines were negative. The summation index is moving sideways. The S&P 500 was down and closed on its 50 day moving average. Getting to short term oversold here but not all the way there yet. Just waiting on the reaction to tomorrows jobs report at this point. Not sure what to expect there. Still waiting on some kind of signal or set up for the next SPY option trade. Gold was up $18 on the futures. The US dollar was lower and interest rates were slightly down. The XAU gained 1 1/4, while GDX added 3/8. Volume was light. GDX is short term oversold on some of the indicators. I'll be looking to maybe attempt the September calls there if we continue lower into next week. There hasn't been much interest in the gold shares lately. Mentally I'm feeling OK. The VIX was lower today and that doesn't fit with a down market. Some of the short term indicators here are rolling over. Barely below the 20 level after today. I'm not sure what's next for the VIX. Still two weeks left in the September option cycle and I hope to put on some type of trade in that time span. Can't force things though as markets go where they want. We'll see what transpires tomorrow and go from there. Asia and Europe were lower in last nights trade. We'll close out the week on employment report Friday.