Start of Week

I didn't do any analysis this weekend as I was busy. Just a few things to note.
Oil making new highs again.
Gold broke higher out of the bear flag. Now looks higher.
Volume has been anemic over the past week.

I am very cautious here and I am thinking the most likely situation is for us to pull back this week. Look for the higher flyers like BIDU, AAPL, GS, MER to set the tone in a pullback is we do.

Also SLB and CAT both have nice bullish patterns on the charts