Here is a graphic of rising stock prices and dropping bond prices. Historically this has been a bearish formation for stock prices. It has been labeled the Jaws of Death by Larry Williams due to how it looks on a chart.

Although money is currently going into stocks, the Dow is far outperforming the S&P 500 as a whole. This is also a bearish sign in my opinion. The momentum is good right now, but the commercial are also short the market now.

I strive to be in when all the forces are lined up in one direction, which they are not right now. In fact, they are more lined up on the short side than the long side.

As for gold and oil. They are both driven by different groups of commercials and they have different technical pictures right now. Gold is just in a blow off move now, and these moves are often reversed as quickly as they have moved up.