SPY remains comfortably above 2HP 205.83, keeping the status of above all pivots, which is bullish. Views on SPX and ES look a bit more bearish with tags of Q4R1s on Friday and down a bit today (levels SPX 2079, ES 2077); but as long as they remain above their 2HPs (2059 and 2039 respectively) then trends remain up.

Yes, there is a bit of difference between these three related vehicles. ES will factor in moves in globex that are not in the cash index or SPY. Wish I could pick one and be done with it but fact is all somewhat in play. See the last blog post for more.