Mr. Price is a very bad man sometimes. Today he slapped silly all the bulls eager to jump on the "Breakout Express". It looked so easy. Almost as easy as that H&S pattern looked last Friday. 

Nothing really occurred today to determine the intermediate path of the market. The running consolidation pattern is still consolidating as Mr. Price just keeps jumping back and forth wearing out both sides of the aisle.

It either breaks up or down. It's really that simple. And it honestly could do either in my humble opinion. We just have to wait for Mr. Price to make up his mind.

Beware of the Gold as well as the XAU right here. It could surprise to the downside soon.

The dollar could surprise to the upside as well as bonds. Just be alert, that's all.

It's softball tournament time this week so it's rather hectic around here in the evenings. I'll be glad when it's over Saturday, but DON'T tell my girls! I'll deny I ever said it!!!!!