11/17/2015

Pivotal heads up! A lot of major indexes are on big levels. While there wasn't a clear move today, there is likely to be a definitive direction in days ahead. 
SPY 2HP 205.83 (orange dots); so far pause more than rejection, but important to watch.
QQQ YR1 111.90 (red crosses), along with 2HR1 112.36 (red dots); like SPY, more pause than rejection.
DIA 2HP (orange dots) 176.42; looked a bit more like rejection, also slightly higher relative volume.
IWM YP (large orange crosses) 114.85 and Q4P (smaller orange crosses) 114.31 combo, smack in between.

Additionally:
TLT held YP (large orange crosses) 118.44 and this looks good with exception of lower volume.
VIX is stuck between the YP and HP at 20.17 and 17.82 respectively. Above YP would be bearish for stocks and likely coincide with index ETF sell-off. Below HP would help confirm stock rally.  

Bull / bear scenario for remainder of 2015 likely to be decided by watching these 6 levels or areas. All charts below except VIX in this order: SPY, QQQ, DIA, IWM, TLT (also see the gray background on the chart)