USA main indexes

Due to levels that tagged on Friday, this week will be slightly different. Usually I post weekly charts for all variants of the 5 USA main indexes, but since a few key quarterly pivots were clear resistance last week, I thought better to show those. The way I can do this is include all pivots on a daily chart. So the format below will be weekly charts with long term levels only on the cash indexes for larger context, then daily charts with all levels on ETFs and futures. 

Sum
So many levels in play with very important implications. A few indexes especially have a tight cluster of 3 pivots and a monthly R1 all nearby. If indexes jump further above long term pivots then semi-bear is over and bull market back! We could see a rejection, which of course keeps bear market idea alive. But given the strength of last week's up bars, some pause seems likely. A clear answer is easiest but sometimes it isn't and we check again on the next bar. Right now you could say indexes confidently approaching major long term pivots and that is bullish - it looks a lot stronger than creeping up with weak advance especially on lower volume.  

Indexes testing YP / 1HP:
SPY ES NDX (almost) INDU DIA YM and VTI. This past week was the first touch of these levels since the breakdown the first week of the year. In addition, most of these are near Q1P and MarR1 levels as well. 

SPX / SPY / ES
SPX still a bit shy of huge pivot status 1HP / YP combo at 2014-15. 
SPY cleared 1HP / YP barely, but resistance at Q1P (smaller crosses at the high) and MarR1 as well.
ES like SPY. 

So immediate levels to watch are the SPY & ES long term levels 1HP / YP 199.81 & 201.01 respectively and whether those act as support or resistance; then the medium term levels Q1P and MarR1 at 201.55 and 199.79 respectively. ES versions 1988 for the 1HP / YP, then 2004 / 1998 for Q1P and MarR1 respectively. 

I won't type up levels for each index but if you don't have pivots on your platform just ask through the contact page

NDX / COMPQ / QQQ / NQ
NDX approaching HUGE bull/bear line for mkt at the YP 4373. 
COMPQ also below its YP.
QQQ discrepancy due to 8/24 spike, although this doesn't make sense it DOES look like the level is in play. If long on that would want to see confirmation via cash index and fututes though, which hasn't happened yet. 
NQ still well under its YP  4432.

INDU / DIA / YM
What a huge decision for the market here perfectly illustrated on INDU! Note all the big turns on levels, 2014 low of year, 2014 higher lows, 2015 all big lows, etc. If bear market for real this should be stiff resistance; if this clears on a weekly close that would be big sign back to bullish!
Both DIA and YM like the SPY / ES are just above 1HP & YP but below Q1P and MarR1. 
 

RTY / IWM / TF
The low of the year was bang on the YS2s on these indexes. Sign of strength last week was jump above YS1. 

NYA / VTI
NYA healthy rebound from 1HS1 / YS1 combo. VTI already testing resistance cluster like SPY & DIA.