Continuing to move higher as the Dow gained 194 points on lighter volume. The advance/declines were 3 to 1 positive. The summation index is again trying to turn around. The Dow was the leader today as the NASDAQ posted a loss. Not the most bullish scenario but we'll take it. Some economic data out this week but the market will be waiting for the inflation numbers due out on Friday. To me it's a market that is waiting to break out one way or the other and still can't make up it's mind. If the summation index can get going to the upside, we'll see higher prices. Hasn't happened yet. Not SPY trades in mind at the moment. Gold was off $25 on the futures as the negative RSI divergence there was valid. Not sure how long it will last. The US dollar was lower and interest rates were up. The XAU and GDX finished little changed after being lower to start the day. Volume was pretty light from what we've seen lately. The gold shares did not follow gold lower and that is a plus for the bulls. We still like the GDX April calls if we can find a spot to purchase them. GDX does remain short term overbought though. Mentally I'm feeling OK. The VIX was lower today. the short term indicators here are getting oversold but not completely there yet. The daily candlestick chart sure looks like it wants to go lower but the VIX remains above the 20 level. Asia was mixed and Europe higher to start the week. We'll watch the overnight developments and take it from there.