Sold GDX put spreads Thurs at breakeven as there was a lot of strength. GLD looks like it could push up for another mini leg so that it is better overbought on the weekly for a short and have a long bias this week. Went long GLD Friday
Stepped into a rare VXX long position at Fri close for probably only 1-2 days as VIX/ VXO are setting up for a bounce.
Looking to see equities cool off or at least settle this week but then further upside.
Might be better to wait for a sell signal on gold miners as one hasn't appeared yet.