A confused situation, but stocks largely holding up despite the jump in safe havens.

SPY, QQQ, IWM and NYA all above SepPs; DIA not.

SPX held YR1 2163, again. SPY slightly below its YR1 however.

TLT started well below its monthly pivot, then rallied all day and closed above its SepP too. VIX above its SepP says some caution warranted on the bull side.

Basic bullish scenario would be TLT below AugP as DIA clears, VIX lower. Basic bearish scenario would be DIA staying below its AugP, TLT higher, VIX higher, and the other indexes that held today would break tomorrow. We'll see what happens.

ps: 2016 leader SOXX / SMH completely ignoring the worries and making new highs. Always best to buy the leaders!

For today highlighting monthly pivots in large purple dots so they jump out. Make sure to look for 9/1 dot only, not August. USA main index ETFs below.