Some upside today but the market did fall from its best levels on the session. The Dow gained 292 points on heavy volume. The advance/declines were 2 to 1 positive. The summation index is moving up. The Dow was the leader again today and that isn't the most bullish scenario. It appears that my idea of the Dow reaching 50000 and the S&P hitting 7000 before option expiration isn't going to happen. The NASDAQ and S&P only had slight gains today. The short term indicators for the S&P 500 are starting to move sideways. We'll get through the expiration tomorrow ahead of a long weekend with Monday being a holiday in the US. Moving into the February option cycle and we'll see what we can do with that. Waiting on the next decent technical signal. Gold dipped $26 on the futures. The US dollar was higher along with interest rates. The XAU was up 1 3/8, while GDX rose about 1/4. Volume was light. GDX is overbought, staying that way and might be for a while. I suppose we could wait and see if it makes it back to the up trend line that began six months ago but that may not happen. All declines here are being bought. Mentally I'm feeling OK. The VIX was down today and some of the short term indicators have now moved lower. Most of the short term indicators here are mid-range or near that level. So where the VIX heads next is up in the air. I'm going to let expiration Friday go by and we'll take it from there. Asia was mostly lower and Europe mixed overnight. We'll close out the trading week tomorrow.