11/18/2015

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. [...] Bull / bear scenario for remainder of 2015 likely to be decided by watching these 6 levels or areas." 

Those levels were:

SPY 2HP 205.83 (orange dots); launched! Back to Q4R1 but holding a long term pivot is more significant according to The Pivotal Perspective than running into a medium term resistance level.
QQQ YR1 111.90 (red crosses), along with 2HR1 112.36 (red dots); cleared!
DIA 2HP (orange dots) 176.42; cleared!
IWM YP (large orange crosses) 114.85 and Q4P (smaller orange crosses) 114.31 combo; held and rallied! 

These 4 main USA index ETFs are below in order listed above.

Additionally:
TLT held YP (large orange crosses) 118.44; still above but not capping stocks, probably more chance of break with today's news
VIX confirmed the rally by falling below the 2HP at 17.82.