Sum
All 5 USA main indexes above all pivots, with tech settling any concern of weakness on 1/2 by lifting from its JanP. SPY, QQQ and NYA are already above Q1R1s. The first long term targets of 1HR1s are already within reach, and given strength so far YR1s seem like very reasonable targets (and we should be aiming that way regardless with all indexes above YPs). IWM is the lagger and so far first choice for USA short hedges.
SPX / SPY / ES
SPX W: Last touch of long term pivot was June 2016. Heading for 1HR1 2776, YR1 2879.
SPY D: Already pushing above Q1R1 and JanR2.
ESH D: Last close below a monthly pivot was in August - amazing run.
NDX / QQQ
NDX W: Nearing 1HR1 6752 then YR1 6984.
QQQ D: Above Q1R1 and near JanR2.
NQH D: Launching from JanP a tell for strong start.
INDU / DIA
INDU W: 1HR1 25970 then YR1 26504.
DIA D: Due to range differences in Q4, not yet above Q1R1 like SPY and QQQ.
RUT / IWM
RUT W: Unlike the others, weekly RSI not yet above 70.
IWM D: Above all pivots, not yet at JanR1.
NYA & VTI
NYA healthy and above Q1R1.
VTI similar but not yet at Q1R1.
