Moving higher today as the Dow gained 124 points on heavy volume. The advance/declines were positive. The summation index is back to trying to move higher. The NASDAQ continues to be the leader to the upside and that is a plus for the bulls. There was a gap higher at the open and then we traded in positive territory for the rest of the session. The market did finish off from the highs of the day though. The short term indicators remain overbought for the S&P 500. New all time highs for most of the major stock indices today, now including the Russell 2000. It's been a bull run since the lows in April and there doesn't seem to be anything to derail things at the moment. I'll wait for the next technical signal and go from there. Gold was down $38 on the futures. The US dollar was higher and so were interest rates. The XAU and GDX had fractional gains on average volume. The gold shares held up better than the metal itself most likely following the overall stock market. GDX is overbought as it has been for the last month and a half. One more run higher would complete a five wave upside pattern from the breakout in the beginning of August on the daily chart. We'll see of that occurs. Mentally I'm feeling OK. The VIX was just a touch lower today. The short term indicators here have stalled and came in sideways today. Not sure where the VIX is going next. Expiration Friday tomorrow so things could get strange. We'll let that pass and move on to next week. Asia finished mixed and Europe was higher overnight. I'll keep an eye on tonights headlines.