We had a huge upside gap to start the day, bounced around for much of the session and closed with modest gains. The Dow rose 117 points on good volume. The advance/declines were better than 2 to 1 positive. The summation index is tracking sideways. US courts have now deemed the tariffs illegal and they must stop within 10 days. We'll see if that happens or not. It's just another wrench thrown into the mix of things that the markets have to digest. The current headline risk is extreme. The NASDAQ led the way up today and that's a plus. But markets did fall off from the highs on the session as the price action was sloppy considering what was seen as positive news. The S&P 500 remains short term overbought but not completely. End of the month tomorrow and inflation data on tap. Still no SPY trades for now. Gold was up twenty bucks on the futures. The US dollar was lower along with interest rates. The XAU and GDX had fractional losses on light volume. Volume has tapered off on the gold shares and that isn't a positve. GDX remains short term overbought. Mentally I'm feeling OK. The VIX was bit lower today which fits the up move in stocks. The short term indicators here are trending lower but not yet completely oversold. Below the 20 level and that's a plus. We are going to let tomorrow go by and look to make the next trade at some point in June. Asia higher and Europe lower overnight. We'll close out the week and the month tomorrow.