It was a one day upside reversal for most markets as they opened lower and closed higher. The Dow was up 35 points on good volume. The advance/declines were negative. The summation index is still trending lower. The NASDAQ and S&P 500 sported gains on the day with the NASDAQ leading the way. That's a positive. The S&P has the feel here of wanting to break out higher from the 2 week sideways congestion that it's been in. Buyers have been stepping in on any sort of decline. The S&P 500 is short term overbought but not at extremes. A run to 6000 in the near term seems likely after todays price action. Gold rallied as geo-political tensions heated up over the weekend. The yellow metal climbed $90 on the futures. The US dollar was lower and interest rates ticked up. The XAU gained 11 3/4 and GDX was up 3 1/8. Volume was heavy as the gold share indices are breaking out to new recent highs. The gold shares had been out performing gold recently and that was a big plus for them. GDX remains short term overbought and we did not chase this move higher. That was just another missed trade. Money continues to find a home in this sector so if it does make it back to short term oversold we'll hopefully buy the GDX calls. Mentally I'm feeling OK. The VIX was a bit lower today. Still short term oversold here but not completely. My guess is that the VIX will trend lower and the market higher over the next few days. I could be wrong as I haven't had a good handle on this indicator recently. Perhaps we saw some beginning of the month money flows help the market today. Liquidity doesn't seem to be a problem for stocks at the moment. The jobs report on Friday could be the next big mover. Europe and Asia were lower to start the trading week. We'll see if they bounce back tomorrow.