Wow. I don't recall seeing anything like this. VIX up and markets crazy up. SMH +3!% Great for portfolio, i just cannot help but sense the market is a bit out of control.
Painful to finally cut INDA after holding for more than 1 month and seeing it lag in 2018, only to jet the next day. Oh well. GDX also had massive rejection from Q1R1 and given strength of indexes thought better to take the gains on that (entry 12/14, still +8+%). Holding GLD a bit more though.
SPY holding 1HR1 as support, very bullish, testing Q1R2
DIA lifting above 1HR1, very bullish
QQQ holding 1HR1 as support, very bullish
IWM back above Q1R1
VTI lifting above 1HR1, bullish; near Q1R2
In sum the long term levels that looked like decent resistance yesterday all resolved in a bullish fashion today. This despite VIX higher and above Q1P and JanP. Amazing!
SPY and VIX below.