12:16 update:  Took profits on DE, DIA, SPY calls, USO, UGAZ. There were 2,000,000 shares traded on USO at 11.33, if we close below it is bearish. There were also about 800,000 shares traded on GDX at 21.47. My only position right now is short TLT and will swing it for tomorrow.

10:49 update. Another print on GLD $11.49 250,000 traded. If we close below, I will sell short the GDX.

10:34 am update: there were dark pool prints for GLD at $111.63 250,000 shares traded; and GDX $21.35 233,000 shares traded. If we close below those prints, I would not go long ABX or any mining stock.

10:05 am pst

Going into the close the trades I like best are: USO long, UGAZ long, DE long, ABX long. I am amazed that ABX, gold and silver, have not sold off more in face of the dollar pop. Silver’s gap from yesterday is still open. Very interesting.

Short: FXE and TLT on rallies