12/15/2015

Stock index ETFs bounced today along with oil - see yesterday's blog post, the only time I have said anything about an oil low for the duration of this site so far.

SPY managed to reclaim DecS1, but remains in no man's land under DecP and 2HP, but above YP and Q4P. 

Other indexes also 'could have' been stronger but weren't, meaning DIA could have reclaimed 2HP / DecP combo but didn't; and especially market leader QQQ could have reclaimed the DecP (placing it again above all pivots) but didn't. We'll see what happens Wednesday.