From yesterday: "SPY and ES fell back under DecPs (small orange dots), which is negative since this opens the door to DecS1 s (small green dots) unless the levels can recover. Watch 207.51 and 2062 respectively."

Markets did drop lower and SPY neared the DecS1 area. As there are only 15 trading days left in 2015, pivots *may* be less snappy than usual, but I still think it will pay to watch that DecS1 level (small green dots).

Also, as of today, there are no major indexes or ETFs that are above all pivots. Conversely, there are many below. This means the easy money this month is on the short side; long only is frustrated so far. Watch my latest video blog post for more.