Solid breakout on the S&P 500 with strong internals. 

The initial move includes some short-covering, we will see if price is accepted in this area. 

The NASDAQ 100 has broken out above its near-term high, but remains below the all-time high. If price is accepted here, the head and shoulders pattern to reverse higher is solidified. 

I am continuing to lighten on my personal positions in the rally. I want the weekend to make any further decisions.

Energy and tech are leading. That is unusual as of late. Financials are laggards thus far.

Stay tuned. 

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