Don't say I didn't warn you.
3/9/2016: "SPY still under the 1HP / YP combo, and I did think we would see more of a drop from this crucial level, but there are a few reasons to not be too bearish here." " DIA has held its YP as support for 4 consecutive days; YM has been above its YP for 3 days. There is still a shuffle going on with the Q1P and MarR1, but any daily close above the most important YP is bullish."
3/10/2016: "DIA, pivot leader from 2/11-12 low, continues to trade above its YP (5 days now), so that is bullish. Same on YM, but the cash index is still just under its YP 17048 so that will be the real clear in my opinion. Basically we could be seeing rejections here, but aside from 3/8, we aren't seeing much red. The longer this goes on, the more likely other levels will clear."
And POW, SPY, ES and SPX all above all pivots for the first time since 12/16/2015! DIA, YM and INDU the same above all pivots the first time since 12/29/2015!