A huge gap up at the open and the market never looked back as the Dow gained 598 points on good volume. The advance/declines were around 3 to 1 positive. The summation index is trying to get some upside momentum. The NASDAQ was the leader and that is always a plus. We had plenty of medium term buy signals and today verifies that. The S&P 500 finally broke through the short term down trend line that was in control since mid-February when the decline began. Interesting that stocks waited until after option expiration to get things going. The short term indicators on the S&P are moving higher with room to go. It closed above the 200 day moving average with the 50 day as the next resistance. We never did get a retest of the lows. I'll wait for the next decent technical signal before entering the next trade. Can we just keep moving up here and on to new all time highs? Anything is possible in the marketplace but I'm not counting on that scenario. Gold was off $8 on the futures. The US dollar was higher along with interest rates. The XAU was flat and GDX dropped 1/4. Volume was light. GDX remains short term overbought with the indicators trending sideways. No trades here for now. Mentally I'm feeling a bit tired. The VIX was lower today and now is firmly below the 20 level. The short term indicators are oversold. The VIX closed below its 50 day moving average with the 200 day in sight. I'd be surprised if the VIX turns around and heads back over 20 right away but anything goes in this game. Asia was generally higher and Europe slightly lower to begin the trading week. We'll keep an eye on tonight headlines.