Another day of hanging around waiting for the year to end as the Dow gained 53 points on light volume. The advance/declines were slightly negative. The summation index rolls on higher. The Dow was once again the leader, while the NASDAQ posted a nominal loss. Technical conditions for the S&P 500 remain overbought and staying that way. We are simply waiting for 2023 to finish and then we'll see how it goes to start the new year. Gold fell around $15 on the futures. The US dollar was higher along with interest rates. The XAU dropped three points and GDX lost over 3/4. Volume was good to the downside despite it being a holiday week. The short term indicators for GDX are starting to roll over. The longer term down trend line remains in place. GDX has areas of support at both 30 and 29.5. One down day doesn't make a trend and we still like the GDX calls at some point. Mentally I'm feeling OK. The VIX finished pretty much flat today. Not sure where it is headed from here. I'd like to simply get through tomorrows market action and move on to 2024. Still plenty of time left in the January option cycle to trade. Asia was up with the exception of Japan and Europe closed lower. We'll finish out the week, month and year tomorrow.