S&P 500 had a bearish inside day yesterday and looks right now like it's starting to trace out a bearish outside day today. $VIX is too low. IEF and UUP are advancing. GLD and SLV are down. S&P has actually been going down all week when measured in foreign currency.

All told, I think broader market's done its advance and will start moving back to 1060. So GNH might be done advancing til the NR comes out.

It will be fun to see if junior gold and silver follow an S&P decline, or if they keep going up. If the latter happens, that'll be very promising to see.

If the S&P and IEF reverse, then I guess we don't get our correction and everyone stays happy?