The SPX set pivot stalemate continues - above SPX and ESU YR1s, but stuck under SPY and ES1 YR1s. All charts below.

Including the other USA mains, the picture is still more bullish than bearish. DIA held Q3R1 as support today, and QQQ lifted above its 2HR1 for the 2nd day with no sign of rejection.

Oil is weak. USO has been below all pivots since 7/21, CLU since 7/22, and now the definitive CL1 has broker below all pivots just in the last 2 days on 7/27. I am a bit surprised the 2HP gave way without any bounce at all but that's how it played out. CL1 below.