Another last hour bout of selling took the Dow lower again today. The most watched index lost 60 points on light volume. The advance/declines were positive again despite the loss. The summation index is moving up. The major averages were all slightly lower despite but the TRAN posted a gain. The S&P 500 remains short term overbought. We got another signal last night from the McClellan oscillator for a big move, the second signal in the past two days. Expect a big move when things get back to normal early next week. My guess is that we'll see a huge rally on Monday. Gold continued to climb adding another $15. The US dollar was lower while interest rates held steady. The XAU and GDX had fractional gains on light volume. GDX also remains short term overbought. My GDX January calls are still solid losers heading into the new year. Just trying to cut the loss at this point with three weeks left in the January option cycle. Mentally I'm feeling OK. The VIX was a bit lower and still very oversold. This will not last forever. Not sure what to make of it. As this year draws to a close a look back at the 2021 trading year shows nothing but red ink. I had many more losing trades than normal, with hardly any winners. It was a year to forget. We'll continue to put in the effort and do the work to make 2022 successful. Europe and Asia finished mixed on the last day of trading for 2021. We'll be checking the charts as usual over the weekend. Happy New Year!