Quiet post-holiday trading as the Dow rose 28 points on light volume. The advance/declines were positive. The summation index is starting to try and turn around. The Dow was the leader today. Both the NASDAQ and S&P 500 posted tiny losses. The market could be in a wait until next year mode. We can't force any trades here. Not yet short term overbought on the S&P but the indicators are beginning to stall. I'm remaining on the sidelines for now. Gold was up almost twenty bucks on the futures. The US dollar was a bit lower and interest rates finished flat. The XAU and GDX had slight fractional moves higher on very light volume. GDX remains short term oversold and in a sideways pattern for now. Mentally I'm feeling OK. The VIX was higher today. Short term oversold on some of the indicators here but not completely so. Not sure exactly what's next for the VIX. One trading day left in a holiday week with players away from the office. Not a time for any kind of bold action in my mind. I'll simply wait it out. Asia was slightly higher and Europe mixed overnight. We'll close out the week tomorrow.