Selling Some Stock

 
Based on data around noon, my indicator Spread (Bull minus Bears) dropped to -20 (20 more Bear indicators than Bull indicators).  I now have only 1 Bull indicator: the 100-dMA of issues advancing on the NYSE is above 50%.
 
This suggests a correction is underway. The S&P 500 is down more than 1% in three of the last four days. That includes today around mid-day. Looks like a correction to me.
 
I sold my trading positions: XLK gain was about 8%; S&P 500 (SPY) gain was about 3%. Those aren’t great gains except that that gain is over about 2-months. Annualized, they are excellent.
 
I am now about 40% invested in stocks, including Stocks, ETFs and Mutual Funds, a defensive position.