The Pivotal Perspective is quite bullish today, because several key levels acted as support on the USA main indexes.
SPX set is lifting from its YR1 with the "look of support." See the weekly chart with long term levels below. Though the weekly bar hasn't closed yet, this is opening the door to the next long term resistance level at 2HR1 or 2209.
The weak link NDX set recovered its Q4P, despite breaking fractionally yesterday.
INDU set is above its YR1 and testing 2HR1 - so, a level to watch for tomorrow. On the ETF DIA, it already looks to be clearing.
RUT set soared above its YR1 on 11/11, and has continued up, ignoring overbought readings. This cannot continue forever, but so far so good. After clearing the YR1 / 2HR1 area, it quickly moved up to Q4R1 / Nov R3 - no damage yet. If that goes we should see 2HR2 at 134.
Lastly VTI is starting to poke above its YR1 and NYA lifted from its Q4P.
Ding! 5 of USA mains (I count VTI & NYA together as one) have bullish action on key levels.
Safe havens TLT could not bounce above Q4S3, and VIX & XIV stay very constructive for the market. Perhaps tomorrow will be different but right now long and strong stocks is the right view.
SPX cash (weekly chart) and SPY below.