12/5/2016

Bulls winning - back towards highs after mild pullback on most USA main indexes. 

SPY just under resistance, as well as VTI; DIA slightly above; IWM again nearing levels; QQQ still below DecP. The strongest market would have all USA main indexes above all pivots, so that Tech set DecP is the level to watch from here.

XIV helping reduce caution by blasting above YR1 level. Based on this move and VIX, I think right to reduce some  hedge even though EEM and QQQ still below levels (YP and DecP respectively) that made the hedge ideas valid.

SPY, QQQ and XIV below.