We got the big move anticipated from the McClellan oscillator signal today as the Dow climbed 461 points on average volume. The advance/declines were better than 3 to 1 positive. The summation index is trying to turn around. The Dow led the way today and this isn't the most bullish scenario. The S&P 500 had a good day but the NASDAQ was barely positive. The NVDA earnings were a disappointment. The short term indicators for the S&P are edging higher. New all time highs on the way? Maybe but we would like to see the summation index turn around first. We'll see what happens tomorrow ahead of a holiday week for the US. Gold was up another twenty bucks on the futures. The US dollar was higher and interest rates were up just a bit. The XAU was up 1 3/4, while GDX added 3/8. Volume was average. A nice bounce for the gold shares so far this week. A V bottom? We'll know in the coming sessions. Mentally I'm feeling OK. The VIX was lower today. The short term indicators are still trending on an upward slope. My guess is that they will turn back down and the market will continue higher in the near term. But markets go where they want. Still below the 50 day moving average on the VIX. Still on the sidelines with regards to the next trade as premiums are high and Thanksgiving week is coming up. I expect that many players will take some time off. Patience for now. Asia lower and Europe higher overnight. We'll close out the trading week tomorrow.