This is a market that is just hanging around today as the Dow lost a point on good volume. The advance/declines were positive. The summation index is trying to move up. The NASDAQ and S&P 500 posted small gains. The S&P 500 remains short term overbought. The Bollinger bands here have now contracted and the S&P is up against the upper band. Something has to give here. The negative RSI divergence on the daily chart persists. We've got inflation data out on Wednesday and Thursday. That should provide some excuses for movement. I would like to try the SPY June puts with less than 2 weeks left in the option cycle but the entry timing would have to be spot on. Gold finished flat on teh session. The US dollar was a bit lower as were interest rates. The XAU was up 1 7/8 and GDX added 1/2. Volume was light. There still seems to be interest in owning the gold shares. The short term indicators on GDX are beginning to stall after they recently rolled over. Not sure where it goes from here. Mentally I'm feeling OK. The VIX was up today which doesn't fit with the majority of stocks higher on the day. Remaining short term oversold here. The question here is do I want to try the SPY puts ahead of the inflation data? Something to ponder overnight. Asia up and Europe down to begin the week. Still waiting on the outcome of the US/China trade talks that began today. We'll keep an eye on the overnight developments.