Continuing to move higher as the Dow gained 337 points on heavy volume. The advance/declines were 5 to 1 positive. The summation index is now moving up. The NASDAQ was the leader today and that's a plus. The S&P 500 broke through the down trend line at 3800 on good volume. We are now short term overbought on the S&P and also at the 50 day moving average. A pause here would not be out of the question. But it appears that buyers have taken control now. We do have the GDP report on Thursday and inflation data on Friday to get out of the way. However I think it's safe to say that the decline is done for now. Gold was up around 5 bucks on the futures. The US dollar was lower along with interest rates. The XAU was up 1 1/2 and GDX up 1/2 on good volume. My open order remains in place for the GDX November calls but it looks like it won't get filled at this point. Another missed trade perhaps. Mentally I'm feeling OK. The VIX was lower with fits with todays stock gains. Short term oversold now but the VIX remains that way during rallies. We'll see how long this can last. The tone of the market has changed as sellers are now not to be found. But we all know that can change in a day, an hour or a minute. However the recent evidence now favors the bulls. Europe was higher and Asia mixed again overnight. We'll see how it goes tomorrow.