12/29/2015

SPY back above 2HP but could not quite clear the DecP. More important, however, is a close near 207 puts SPY solidly above *all* 2016 pivots: Y, 1H, Q1 and Jan. 

TLT had a big drop today, and though the JanP is within reach that is currently on track to open below all 2016 pivots as well. This helps confirm a bullish setup for stocks.