View of today changes per index: SPY looks like pause at resistance, DIA even more bullish with close above resistance, but QQQ more like rejection.

The concern is that safe havens TLT and GLD came roaring back. Continued safe haven strength would more likely turn this 7/13-15 timing window into a stock trading high. At the same time, one intraday sentiment meter was at a bearish extreme (everyone worried about a top already). So we'll see how all this shakes out.

Of course, if you are following this method you were cutting longs significantly 6/24, buying back partials 6/27, adding back significantly 6/28 and then full long 7/5-6. So we are deciding what to do with those longs - hold, hedge or take profit? I lean towards #1 or #2, but will be more inclined to #2 with clear rejections and continued strength in safe havens.

SPY, DIA and QQQ below.