New March pivots

Quick scan of index ETFs above MarPs (to keep it simple just using ETFs here but if SPY is above then assume ES and SPX are too)

SPY QQQ DIA IWM VTI (5 USA mains)
IBB (fractionally, will be first to break), SOXX, XLF
XLE and CL while we are at it

EEM FXI PIN RSX EWZ (so cuts on those look too early)
EWJ EWG (though cash indexes better guide really)

HYG XIV

GLD well above as well, and GDX

But as I type TLT just below MarP literally the only thing besides EURUSD and some other currencies

More bullish for stocks if TLT fades under its MarP but let's see what happens. 
 

Monthly pivots

SPY, TLT and GLD monthly pivots only shown below with no other levels at all. Obviously this is not a standalone, but we can view this as a piece of the puzzle. Sometimes there is chop, sometimes crystal clear moves. We are looking for the latter while being alert for the former. Detailed comments for SPY:

2015
August - break, recovery, break, recovery, 3rd break was IT
September - started below, resistance several days, one recovery, next break tradable swing short
October - recovery on first trading day and off to races
November - exact low of month
December - started above, break, recovery, break and drop, slight recovery not clear, another drop, clear resistance 12/29

2016
January - opened below and slam
February - 1 day above, break and tradable short, then recovery and hold, bit higher. PS, the 2/11 low was on an S1 but for sake of clarity not showing the R / S levels on this chart. 

With that in mind we will have March pivots in play starting Tuesday. If SPY opens above it can hold as support and go higher, or break for a short. Similar idea for all other asset classes (TLT, GLD, oil, currencies, etc). Worst case in this method is when it chops which is why best positioning takes into account the other levels, as well as some supplemental factors like pivots on VIX. Then those who prefer can add RSI, volume, etc. 

Note TLT mostly above its monthly pivot for 3 months, with January and February of 2016 particularly strong. At some point we will see another test of the pivot.

GLD also completely above pivots for 2 months straight; but this was after a long period of being mostly below all pivots for quite some time. 


FebPs

A lot of February pivots in play for the coming week. I am showing med term pivot only charts here (so no S or R levels, and no yearly or half year levels), to make these easier to see. FebPs are the small orange dots. Crosses are the Q1Ps. 

If bullish then indexes will recover these levels and then they will further act as support. If bearish then we'll see any more lower and/or a clear rejection. I haven't lised NDX based indexes or RTY since they are not quite near their FebPs yet. 

SPX 1930, SPY 192.21, ES 1925

INDU 16440, DIA 163.49, YM 16373

NYA 9536 and VTI 97.76.