Market continues to consolidate in a healthy fashion. DIA and YM actually closed above their MarR2s. But the SPY small advance invites selling so we'll see what happens tomorrow.

So far of the possible short term defensive trades suggested in the recent weekly stragegy most just have not triggered: TLT rejected at its weekly pivot today, VIH6 plunged through Q1S1 but has not yet tagged YS1 16.85, XLF stayed above its YP, IBB bounced, NKY was closed; leaving only DAX as a possible short. Clear resistance at MarR1 on that one.