12/28/2015

No change to SPY pivot status. After spending all of October and November above the monthly pivot, SPY in December has been mostly below excepting 12/4, 12/7 and 12/16. If the January pivot can act as support we should see some kind of R1 at minimum. 

2016 preview: 

Current SPX 2016 pivots with close at 2056: Y 2019, 1H 2019, Q1 2022, Jan 2051. So this is solidly above all the pivots and barely above January. 

Current SPY 2016 pivots with close at 205: Y 200, 1H 200, Q1 201, above all these by decent margin; then Jan 205 so basically TBD.