USA main indexes

Sum
The last two weeks have been a deadlock for stocks. After 5/10 most indexes have been unable to go higher, but at the same time, most have threatened to drop and then held. 

IWM cleared its major cluster YR1 HR1 QR1 combo, but momentum seems weakening; this needs to hold for the bull case.
QQQ has tested its YR1 for 8 of the last 12 bars, but unable to clear so far.
SPY is hanging around its MayR1 without making a definitive move either way.
DIA has held its QP as support for 8 of the last 11 bars.
NYA weaker, moving back under its QP so losing status of above all pivots.

So what will it be? Will DIA continue to hold and QQQ break above YR1? Or will the QQQ YR1 top hold and DIA break down?

I think higher timeframe resistance is in play. This means SPX quarterly BB at 2744 and exact high 2742, RUT monthly BB 1646 and high so far 1639, and very clear selling at the NYA Q BB of 12822 with quarterly high at 12853. If this idea is right then the next larger move will be down. But with 4 of 5 USA main indexes above all pivots, we would want to see additional confirmations before acting too much on this idea. 

SPX / SPY / ES
SPX Q: Q Bollinger band 2744, exact high so far 2742.
SPX M: Holding rising 10MA, but glaring RSI divergence forming.
SPX W: Above MAs and weak selling, but 61% resistance. 
SPX W: Between long term levels.
SPY D: Above all pivots; hanging around MayR1 since 5/10 without going much higher and without following through on rejections. Friday's close was slightly back under MR1.
ES D: Above all pivots, above all MAs except 10MA. 
SPX Sum: Again like last week there are signs of professional selling with the double top at 2742 just 2 points from the quarterly Bollinger band. This happens to be near 61% resistance on the cash index. But there were chances to go lower last week and D100MA has continued to act as support, holding for 7 of the last 9 bars on ES. I think the higher timeframe resistance idea wins out and next larger move is down. 

26 3 SPX Q.png
26 4 SPX M.png
26 5 SPX W.png
26 6 SPX W.png
26 7 SPY D.png

NDX / QQQ
NDX W: YR1 resistance. 
QQQ D: YR1 resistance in play from 5/10.

26 10 NDX W.png
26 11 QQQ D.png

INDU / DIA
W: Between levels.
D: Continues to hold QP support - after the 5/10 clear, it has held for 8 of the last 11 bars. 

26 13 DIA D.png

RUT / IWM
RUT W: Doji bar just above YR1. Holding above is bullish but with weakening momentum this could break very easily. 
IWM D: Still above YR1 HR1 QR1 combo cluster.

26 15 IWM D.png

NYA
W: Looking more vulnerable. 
D: Highs on MayR1 and back under QP. 

26 16 NYA W.png