Volatility was the name of the game today as the Dow fell 60 points on average volume. The advance/declines were better than 2 to 1 negative again. The summation index is moving lower. The Dow was once again the laggard as both the NASDAQ and the S&P 500 were positive. The S&P along with the NASDAQ did close at new all time highs. It still remains short term overbought. We are getting kind of a mixed picture here as not all of the indexes are on the same page. Not exactly sure what that means going forward. Gold was off eight bucks on the futures. The US dollar was lower again along with interest rates. The XAU fell two points, while GDX was off 1/3. Volume remains light here. GDX continues to be short term overbought but the indicators have begun to roll over. Mentally I'm feeling OK. The VIX perked up today with the volatility and finished higher despite gains in some of the major indices. The short term technicals here are mid-range. Expiration Friday tomorrow ahead of a holiday week. I'd expect the volume to pick up as players will want to square positions before taking the week off. The summation index is moving lower but we are not seeing a drop in prices. Perhaps we're on the cusp of a move higher for the major averages. That's simply a guess at this point. Europe and Asia were lower overnight. We'll see how expiration Friday turns out tomorrow.