Some selling to close out 2023 as the Dow fell 20 points on light volume. The advance/declines were better than 2 to 1 negative. The summation index is moving up. The overall market was much weaker than the Dow with the NASDAQ leading the way lower. The major stock indices remain short term overbought with potential negative RSI divergences on the daily charts. I think that most expect the rally to continue to new all time highs for the S&P in the beginning of 2024. I am in that camp for now. But we must respect the fact that markets go where they want and perhaps the indexes will take a rest here. Some type of pullback is certainly overdue. But we will probably watch and wait for now with regards to the SPY until we see what we think is a solid signal. Gold was off ten bucks on the futures. The US dollar was a bit higher and interest rates held steady. The XAU and GDX had fractional losses on about average volume. GDX remains in the short term overbought range. 32 is the level that we need to get through on good volume to continue the move higher here. I would still like to try the GDX January calls at some point. Mentally I'm feeling OK. The VIX finished flat after being higher during the session. Not sure where it is headed in the near term. My trading for 2023 finished slightly in the black. There were some big gains and some big losses. I will need to work on the management of the trades in order to produce better results. We'll try and focus on taking profits earlier in 2024. I also need to cut down on the huge losses but that is a goal every year. I'll try to have more success with that as well. There will certainly be plenty of trading opportunities as the year goes on. It's another long holiday weekend and all the players will return next week. I'll be checking the charts as usual to try and get ready for the 1st week of the new year. It's Friday afternoon and time for a break. Happy New Year everyone.