5/18/2016

SPY set (SPX / SPY / ES) remained under MayPs today, still inviting a move down to MayS1s as DIA and IWM have already tagged or come close enough. 

The big move was in bonds, with TLT back down to test its Q2P. If that goes it will be the 3rd break; 2nd breaks are often definitive, so a 3rd if that happens should be a lock. SPY and TLT below.