The S&Ps opened flat and chopped sideways all day to go out nearly exactly where they opened with a loss of an eyelash. The XLF interestingly dumped another 2 percent to a new low for the move, however. So that may be worth keeping an eye on.

The dollar was mostly a little firmer again vs. other colored paper, with the DXY adding a hair.

Yields were little changed.

BTC backed off a third of a percent after yesterday's big move.

Commodities were mostly higher, with copper notably popping 2 percent to a new all-timer. Platinum added 2 percent also. Crude was the lone dog and fell over 2 percent on chatter about a "deal" to reopen the Straits. Heard that one before, haven't we? We shall see.

Gold slumped to $4300 overnight and then began to firm and eventually traded up back into positive territory and to as high as $4370 during the US session before backing off into the close to end closer to $4356 for a gain of half a percent.

Silver also hit a low overnight with gold and then began to firm and eventually climbed into positive territory and printed as high as $67.5 before backing off into the close to go out closer to $67 for a gain of over a percent and finally took out the 100 dma (spot). That move also pushed the silver/gold ratio back to its high for the move as well.

The GDX opened up a touch and back above the 5 dma (so yesterday's slip was indeed a head fake) and then surged to go out just off the highs of the day with a gain of nearly 4 percent and closed just over its downtrend since the August high.

I always like seeing the metals and miners take off like they did today for no particular reason, especially when it coincides with another Tier 3 BUY from my model yesterday.

Let's see if the bulls can build on today's gains and challenge the August highs over the coming days. As you will see below, subscribers were able to piggy bag on my trades Intraday and buy cheap SLV calls before things took off today.

My gold model moved back to neutral, but that's to be expected after a day like today. And it importantly is what one should see if further upside is in order.

Positions: Short SPY, QQQ, MDY and IWM. Long DBA, IBIT, and STRC.

Metals: Long GDXU, AGQ, and SHNY. Long 62 calls for tomorrow, and I added SLV 61 calls for tomorrow for 9 cents as well as SLV 62 calls for Friday for 12 cents.