5/10/2016

Wow! SPY launches above its MayP, along with DIA, IWM and NYA all above MayPs; only QQQ below. 

Somehow, TLT and GLD are also above all pivots, and VIX remains convincingly below all pivots. 

Take your pick, investable assets are doing well here! (I'm not mentioning commodities or global indexes/ETFs, but those are up too.)

Back to SPY: should be going for MayR1 at least and possibly up to larger resistance at Q2R1 near 214, then the major 1HR1 / YR1 combo near 217.