4/28/2016

SPY essentially second rejection from AprR1. Second rejections tend to be definitive, although this pivot resistance is only in play for one more day. 

More importantly, NDX broke the YP slightly, COMPQ definitely broke its YP, and NQ YP looks like resistance which is bearish. In fact, NQ below 3/4 pivots! Meanwhile, TLT recovered its Q2P. So, bearish status change for the tech set and bullish status change for TLT. Draw your own conclusions.