Moving higher on election day as the Dow gained 427 points on light volume. The advance/declines were 4 to 1 positive. The summation index is trying to turn around. Another day of breadth like today would do it. The NASDAQ led the way higher and that is a plus for the bulls. Getting the election put of the way was to be seen a positive for the market and we probably got some of that today. The short term indicators for the S&P 500 have turned up with plenty of room to go. I might be premature but this could be the beginning of a rally to new all time highs for the S&P. I did not get any of the SPY November calls here as the option premiums were too high for me but perhaps there will be another chance. Of course one day doesn't make a rally and the election results could change things. But my thinking is that the market will go higher from here regardless. Gold was up $5 on the futures. The US dollar was lower and interest rates finished mixed. The XAU and GDX had fractional gains on light volume. The gold shares did not follow the overall market today. GDX remains on its 50 day moving average and short term oversold. My open order for the GDX November calls is still out there. Mentally I'm feeling OK. The VIX was lower today and its short term indicators have turned down. The movement here is another reason to be positive on the market going forward. Still above the 20 level and its 50 day moving average though. Getting below those levels should be an all clear signal for the bulls. Europe and Asia were higher overnight. I'll keep an eye on the election results along with the futures movements tonight and we'll see what tomorrow brings.