Still moving higher today as the Dow gained 331 points on heavy volume. The advance/declines were better than 2 to 1 positive. The summation indx is moving up. The Dow was the leader today and that isn't the most positive aspect but you can't argue with higher prices. The S&P 500 remains short term overbought and that condition has lasted longer than usual. Overdue for a rest. Moving into the June option cycle next week. Gold dropped $33 on the futures. The US dollar was higher and interest rates finished mixed. The XAU and GDX had slight fractional losses on light volume. They both came up off of the lows for the session. The gold shares did better than gold itself and that's a plus. I'm considering the GDX June calls as the next trade attempt if it can get down to the up trend line at 44. The short term indicators for GDX are trying to turn up from oversold territory. I'll take another look here over the weekend. Mentally I'm feeling OK. The VIX continued lower which fits an up market. It is now below the up trend line from the end of last year on the daily chart. Still short term oversold as it has been for almost a month. The bulls are firmly in charge and it is now a matter of whether or not we soon reach new all time highs for the S&P. I wouldn't think so but the market goes where it wants. I'll be going over the charts this weekend as usual. Asia was generally lower and Europe higher to close out the week. It's Friday afternoon and time for a break.