ThinkorSwim TA and More

[koondog]

Good morning all, looks like a weak gap at the open that might give the bulls a little room to run this week. I do mean little. Uptrend was broke on Aug 11. we are now in a downtrend that could become very powerful once the big traders come back after labor day. I will be adding puts this week on up days in anticipation of this. Volume has been light on up days and heavier on down days. To me, that says it all. Any thoughts on Gold/GLD?

Thanks