Some selling today ahead of tomorrows jobs report as the Dow fell 108 points on heavy volume. The advance/declines were even. The summation index is tracking sideways. The NASDAQ led the way lower and that's a negative. I did place an order for the SPY June puts overnight but it was not filled. Today was a volatile session moving up and down throughout the day. I probably should have adjusted the order for it to get filled but I did not. Too late for this trade now unless we see some buying early tomorrow morning. It was to be a short term trade, getting out on Monday at the latest. But we probably missed it. The short term indicators for the S&P 500 are now trying to roll over. The potential negative RSI divergence on the daily chart remains intact. I suppose we'll see what happens tomorrow morning and go from there. Gold lost $18 on the futures. The US dollar finished unchanged and interest rates were a bit higher. The XAU was up almost 3 points while GDX finished basically flat. Volume was good for the gold shares. GDX remains short term overbought. No GDX trades for now. Mentally I'm feeling OK. The VIX was higher today which fits with a down market. The short term indicators here are starting to turn up but it remains oversold. The converging Bollinger bands imply a big move coming. However we don't know when or which way. My thinking here is that if we do see a near term decline it won't last long. I could be wrong. Plenty to ponder overnight. Europe and Asia were generally higher overnight. We'll see how the market reacts to the employment report tomorrow.