We had a gap up at the open and never looked back as the Dow climbed 144 points on average volume.  The advance/declines were 3 to 1 positive.  This should put the summation index back up but it is basically trending sideways.  I did leave in an open order overnight for the SPY July calls but it did not have a chance of getting filled when we rallied.  I do think that the market is about to get going one way or the other.  The Bollinger bands on the S&P 500 are about as tight as they can get, which implies a big move.  I think it could go either way.  Yesterday I was convinced of a breakdown.  Today I'm thinking just the opposite.  The resistance is still the 2450 level on the S&P.  A good volume break through there and we'll be off to the races.  GE was off 1/8 on average volume.  Gold was up a few bucks on the futures as the US dollar continued lower.  The XAU and GDX had slight fractional gains on very light volume.  Mentally I'm feeling OK.  We are back to no clear trading signal as the short term signals have come and gone.  The technical indicators have turned back up for the stock indices and that is a plus.  The VIX has calmed back down.  There is still plenty of time in the July option cycle to make a trade.  I suppose that I'll just have to be patient here and see where we go in the next couple of days.  If we do get through 2450 on the S&P, it's probably best to just jump on board for the ride.  There would be new money coming on board plus some short covering.  We'll have to see if it happens though.  We've got a long holiday weekend coming up as well.  Europe and Asia were mostly lower overnight.  We did not get any downside follow through today.  We'll see if we get any upside follow through tomorrow.