The overall market continues to plow ahead but the Dow lags as it dropped a point on heavy volume. The advance/declines were positive. The summation index is still trending lower but could be trying to turn around here. Both the NASDAQ and S&P 500 closed at new all time highs. The S&P continues to remain short term overbought. It appears that our recent sell signal only lasted a day. I did adjust my open order for the SPY October puts and it was filled during the session. It is showing a small loss. At the rate things are going it will get stopped out tomorrow. Unless we see a quick turnaround lower this trade will be another loser. Gold was up fifty bucks today as the straight line higher just keeps on going. The US dollar was higher and interest rates finished flat. The XAU was up 8 7/8, while GDX gained 2 1/8. Volume was good. GDX remains overbought on all timeframes and for longer than one could reasonably expect. Not sure when this will end and remain thankful that we shelved the GDX put idea. Mentally I'm feeling OK. The VIX was lower today which fits with an overall up market. The short term indicators have turned around lower and imply more stocks gains to come in the near term. That would kill our SPY October put trade but it appears that's where we are heading. Seven days left in the October option cycle. Asia lower and Europe higher overnight. We'll keep watch on the overnight developments.