I'll be doing the update later tonight, but I need to try and keep it simple; I still don't feel that good and really nothing changed today.  The market continues to push higher and divergences form but divergences have been forming on the whole up move and have been ignored. 

However we are in the 5th wave move up now and 5th waves are ending moves or the final move of wave A of C, so don't get complacent.  Well-defined uptrend lines can be drawn on all the index charts, and until those are decisively broken, continue playing the short term trend, which his up!

For the Dow, a decisive break of the uptrend line would be a warning sign, and then a break of the higher low at 9133 would confirm the end to the up move or wave A up.

For Gold stocks, as I stated earlier, the GDX 15 min chart appears to be in a 4th wave consolidation, therefore I would not be surprised to see another move up in wave 5.

For Watch List trade ideas, continue playing the ones that are taking the best volume.  Volume is the key!  Read my former writeup on average volume as a guide for picking the best breakouts ( click here for average volume ).  And when you get a first good move above the breakpoint, quickly move your stops up at least to your entry price to ensure that you can't take a loss, and take 1/2 off soon after to lock in some profits.

here's the Dow 30 min chart and GDX 15 min chart.  I'll post some charts later tonight

DOW 30 min chart.png