Drifting higher as the Dow gained 214 points on heavy volume. The advance/declines were 2 to 1 positive. This should stop the summation index from moving lower. The NASDAQ is the leader and that's plus for the bulls. The S&P 500 is still short term overbought. If we continue higher into the close on Thursday, I'm probably going to try the SPY June puts ahead of the jobs report. Not sure if the market will cooperate. Also could change my mind depending on the market movement prior to Friday. But that could be the next trade. Gold was off twenty bucks on the futures. The US dollar was higher and interest rates finished mixed. The XAU and GDX had fractional losses on above average volume. Still short term overbought on GDX. I will not chase it here. Mentally I'm feeling OK. The VIX was lower today which fits an up market. Still short term oversold and comfortably below the 20 level. It still looks to me that the VIX implies higher prices in the near term. For me that would mean up days for Wednesday and Thursday followed by a reversal on Friday. However markets rarely move as planned. I'll review the data overnight. Asia was mixed and Europe higher in foreign trading last night. We'll see what tomorrow brings.