3/28/2016

Nothing wrong with SPY here; light volume selling. Red line is 2015 close, so further moves above that may generate more buying.

But DIA stuck at MarR2 and mild weakness in QQQ/NDX are some concerns. NDX needs to hold its YP 4373 for the more bullish scenario for USA stocks. If NDX breaks, then it will be 3 mains below leaving only INDU and SPX above, making those more vulnerable to a fade.