5/1/2017

SPX, IWM and VTI all having trouble at the 2017 close high levels, but today is still a win for the bulls due to the pivot status of safe havens.

GLD under monthly pivot first time since 3/20, ending multi-week stretch of above all pivots.
TLT & AGG also under MayPs, ending condition of above monthly pivot that was in play for April.

QQQ still flying and just being overweight tech was the easy way to outperform this year - alas, I did not take best advantage of this move. QQQ hit Q2R1 today and YR2 is just above. Ideal high looks doable here, SPY YR1, QQQ YR2, DIA YR1, and VTI YR1, or some combination of these. 

SPX, SPY, QQQ, IWM, GLD and TLT below. 

1 4 IWM D.png