Day summary

Have we started building the top of this two week old rally? Q's were the laggard today and so were the recent hi fliers (XLF XRT XHB). It was an inside day on all the four indexes (DIA, SPY, IWM, QQQQ) so we may still have some fuel left for upside. We will know but clearly we are coming towards some major resistances.
We entered EHTH at our entry point and so far so good but we didnt see a market rally today as we expected so we will be very careful with EHTH if things start to rollover. As I take partial profis on my way up I also reduce my position size on way down. So I will raise the stop on half of my position below todays low on EHTH.