6/20/2015

Today's bars were not the best, yet the SPX set (SPX, SPY and ES) all finished back above the JunPs. SPY by just a few pennies, but above nonetheless. 

INDU / DIA back above all pivots; NYA jumped back above also; Tech set weaker, RUT / IWM more like rejection. 

Interesting moves on the safe havens: TLT back under YR1, GLD somewhat lower from the recent high at Q2R1 and 1HR3, and VIX well under Q2P. Very few people are thinking about an important top in bonds (low in yields) but this is how it happens - fling up to RSI extreme on a medium term resistance with a fast break back under long term levels. 

If you tally all these up between USA mains and safe havens, more bullish than bearish for risk.