Another positive session as the Dow gained 161 points on heavy volume. The advance/declines were negative though. The summation index is still moving higher. The gains were better during the day but we had a sell off in the final hour. The NASDAQ continues to lead the way higher. New all time highs for the big 3 again. The S&P 500 is still short term overbought. We'll get the Fed tomorrow and that should get things moving one way or the other. If we can get a couple of days more of buying, a sell signal may pop up. We'll see. Gold dropped forty bucks on the futures to close below the $4000 level. The US dollar was a touch lower and interest rates finished little changed. The XAU was up 3 1/2 and GDX gained a point. Volume was good. The gold shares followed the overall market higher. GDX remains short term oversold. Not sure if it is putting in some kind of bottom here but we are not going to risk trying the GDX calls yet. Mentally I'm feeling OK. The VIX was higher today on an up day and that doesn't fit. Still short term oversold here. Not sure what's coming next here. Still plenty of earnings to digest this week along with a US/China meeting of leaders. Trying to remain patient for now as we watch and wait. Asia and Europe were lower on Tuesday with the exception of the FTSE. We'll see how markets react to the Fed tomorrow.