Kind of a mixed bag today as the Dow gained 400 points on pretty heavy volume. The advance/declines were 3 to 1 positive. The summation index is moving up. Both the NASDAQ and S&P 500 posted losses on the day with the NASDAQ having a decent decline. We received another signal last night from the McClellan oscillator for a big move within the next two days. We got an outsized move from the Dow today but not the overall market. The indicators for the S&P 500 remain overbought. The 50 day moving average is moving up through the 200 day on the S&P daily chart. That is a longer term positive for this index. I'm leaving my open order out there for the SPY July puts. Gold was up forty bucks on the futures. The US dollar was a bit lower and interest rates a bit higher. The XAU had a fractional gain and GDX finished flat. Volume was about average. Gold up forty and the gold shares just hanging around is not a positive. The short term indicators on GDX are now tracking sideways. Mentally I'm feeling OK. The VIX was up slightly today and remains short term oversold. Not sure what's in store next for the VIX. Only a day and half of trading left this week in the US. Jobs report due Thursday. Asia continues to be mixed and Europe was lower with the exception of the FTSE. I'll keep an eye on the overnight developments.