That was fast. As of the weekend posts I thought the SPX set would likely test YPs soon and here we are one trading day later.

The market has reached crucial areas. I know you may read this kind of thing often in other technical analysis but with pivots when I say this I mean it. Big levels in play from here all within 1% give or take:

SPX, SPY, ES YPs
INDU & COMP, DIA, YM YPs
VIX YP

The market can go weeks or months without trading near a yearly or half-year level. Yet also consider the damage of the past few days:

NDX & COMPQ, QQQ and NQ YP breaks
NYA YP break, VTI YP slight break
RUT, IWM and TF YP rejections - this was the big tell!

Meanwhile, 2 safe havens are continuing to soar with TLT and GLD well above YR1s.

I have said from March that the bull is alive and kicking above 17138, its Q1P at the time, and "more likely than bear with INDU above its YP at 17048." So this level really must hold for a hope of a bullish resolution here. And though this is the most important level, most USA main indexes likely to open below 2HPs, Q3Ps and JulPs that will be in play from 7/1.

SPY, INDU cash and VIX below.