It was a light volume levitation for the the overall market but the Dow lost 23 points. The advance/declines were 2 to 1 positive. The summation index is moving sideways. Both the NASDAQ and S&P 500 set new all time highs again. The S&P remains short term overbought. I suppose we'll know on Friday if this is the beginning of a new next leg up or not. The jobs report will probably determine that. Many players will be out for a long weekend. Gold woke up today as the futures jumped over thirty bucks. The US dollar was lower along with interest rates. The XAU climbed 5 points, while GDX rose 1 3/8. Volume was light but not bad for half a day. Does the gold market know something about the employment report that we don't? Not yet short term overbought for GDX but Friday will tell the story here as well. It could be that I've missed the next move up for GDX but we'll see. GDX did break above the short term down trend line and 50 day moving average today. Gold has been traveling sideways for three months so perhaps it's time for it to break out. Mentally I'm feeling OK. The VIX was barely up today but that still doesn't fit with an overall positive day for stocks. Short term oversold here but not extremely so. Not sure what's next on the VIX. Tomorrow the US markets are closed and then it will be Friday morning for the job numbers. Europe and Asia were higher with the exception of China. Enjoy the holiday.