Prior week: " Markets paused and pulled back on several long term levels: SPX set YR2, INDU 2HR2, NDX YR1 and RUT YR2."
Last week: All USA mains still under major yearly resistance levels on cash indexes but no significant selling pressure yet.
Sum
SPX set on resistance via SPX YR2 and SPY Q4R2, but no significant selling pressure yet.
Tech set - NDX and QQQ at resistance and under-performing compared to USA mains, but no selling pressure yet.
INDU set - nearly to YR2 on INDU and already there on COMP. Amazing move among USA mains with no significant drop the entire way up per the futures charts - each down bar holding open of previous up day.
RUT set all the way to YR2 and has more of a shuffle since then; still above rising D20 though.
Broad indexes NYA and VTI mostly positive; NYA above YR1 resistance is bullish, VTI mild fade from Q4R2.
Charts
Cash index weekly charts with long term levels only
Daily ETF chart with long term & medium term pivots
Futures current contract pivots only (no S/R) and MAs for clarity of entries (now March 17 H)
Futures "1" continuous contract with the works
SPX / SPY / ESH / ES1
SPX weekly shows clear pause at YR2, but so far without selling pressure.
SPY staill at Q4R2; its yearly levels are different due to 8/24/2015 move.
ESH no questions asked entry on 11/9 and so far all above a rising 20MA and mostly above rising 10MA as well.
ES1 like SPY is on Q4R2; not textbook RSI and BB divergence on 12/20 high test.
SPX set on resistance via SPX YR2 and SPY Q4R2, but no significant selling pressure yet.
NDX / COMPQ / QQQ / NQH / NQ1
NDX 2 bars with YR1 tag, but no selling pressure.
COMPQ slightly above resistance.
QQQ (similar issue to SPY with yearly levels being different from cash index due to 8/24/15 spike) has faded a bit from 2HR2
NQ did *not* have clear buy on 11/9 (still below NovP, all others above) but has held Q4P since then. RSI not overbought like others.
NQ1 a bit stronger, above its YR1.
Tech set - NDX and QQQ at resistance and under-performing compared to USA mains, but no selling pressure yet.
INDU / COMP / DIA / YMH / YM1
INDU bang on YR2, and COMP as well.
DIA looks fine and above 2HR2.
YMH clear as day buy 11/9 and entirely above rising 10MA from there with RSI an amazing 86 and purely overbought from 11/10 on
YM1 also has YR2 not far above.
INDU set amazing move among USA mains with no significant drop the entire way up per the futures charts - each down bar holding open of previous up day.
RUT / IWM / RJH / RJ1
Picture perfect low of year on YS2 and high of year on YR2.
Held rising 20MA on the way up; RSI divergence more notable than DIA with clear lower high on 12/20.
RUT set all the way to YR2 and has more of a shuffle since then; still above rising D20 though.
NYA / VTI
NYA is above YR1, bullish.
VTI mild drop from Q4R2.