Selling from the start as we had a huge gap lower at the open and spent the rest of the day trying to come back. The Dow fell 279 points on good volume. The advance/declines were better than 2 to 1 negative. The summation index is still moving up. The Dow led the way down. The S&P 500 remains short term overbought but todays price action may put our SPY July put idea on hold as we have already started to move lower. I'll take a look at things over the weekend and go from there. Gold was up $46 on the futures. The US dollar was higher along with interest rates. The XAU was up 3 1/8, while GDX gained 1/2. Volume was about average. The short term indicators for GDX continue to be at mid-range but they are heading higher. It is a tough trading environment as we are still at the mercy of the next tariff headline. Which could be positive or negative. Mentally I'm feeling OK. The VIX was up today which fits with a down market. Still short term oversold here. I don't have a good idea of what's next for the VIX. I guess we'll have to let the weekend go by and see where we go on Monday morning. It may be that we will have to let another option cycle go by without a trade but I don't really want to do that. I'll go over the charts this weeknd and try to figure something out. Asia was mixed and Europe lower to close out the trading week. It's Friday afternoon and time for a break.