Just after the 6/8 high...
6/9 Daily SPY: "The market has certainly been strong since the February lows and admit it acts like it wants to test the 2015 highs. But with strength of safe havens and other factors listed above, perhaps we are due for a shakeout of the weak hands."
6/10 Daily SPY: "But with the combination of valuation and sentiment factors, along with the incredible safe havens, perhaps we just saw a more important top on monthly R1s."
6/11 Safe havens: "In other words, all 4 of these safe havens sending warnings about risk."
6/12 Total market view: "But a few other components of my Total market view are considering if we just saw a turn of more significance."
* * *
And the 6/27 low...
6/27 Daily SPY: "The market has reached crucial areas. I know you may read this kind of thing often in other technical analysis but with pivots when I say this I mean it. Big levels in play from here all within 1% give or take: SPX, SPY, ES YPs, INDU & COMP, DIA, YM YPs, VIX YP. ... I have said from March... bull more likely than bear with INDU above its YP at 17048. So this level really must hold for a hope of a bullish resolution here."
6/28 Daily SPY: "And that was a major league hold! Yesterday I pointed out the big levels - SPX and INDU set YPs along with VIX YP. Monday's low was 15 INDU points above its YP level, a near perfect hold. And this time VIX got it right, closing below the YP yesterday despite stocks dropping much more. When factoring in VIX, the last time we had a day like this was 2/12..."
Regular readers know that I don't blab about key tops and bottoms constantly... only when multiple indexes are reacting against pivots.