Another bullish day for the market as IWM reclaimed Q2P, and SPY pushed towards retest of YR1 without any rejection.

Today not the best day for portfolio as the 2 shorts went above above stop loss levels, and INDA dropped below a pivot (monthly, quarterly, half year, yearly) since 1/24/2017.

So, covering shorts (IWM & XLF) for small losses and shifting the INDA units to SPY to maintain be 100% net long. I am still skeptical of this rally due to fundamentals, valuation and seasonality; but VIX below all pivots and safe havens dropping hard is just not the time to be too bearish.

SPY, INDA and VIX below.