Bulls in charge, but lots of interesting levels to watch.

SPX set YR1 / 1HR2 combo
NDX set YR2 (!)

TLT Q2P
GLD 1HP & Q2P combo
VIX Q2S1

Yesterday, based on yearly resistance levels on two USA main indexes, valuation & fundamentals, RSI on weekly charts, advance decline volume difference and average true range I thought there would be slim chance of powering straight through the SPX YR1 and NDX YR2. So far this is not happening as no sign of rejections, but all these levels are very much in play.

Bottom line here is if safe havens crumble then we may see stock indexes clearing these major resistance levels which would be very bullish. If safe havens hold, more of a chance of a decent top here. Hedges will not cost much to cover if NDX above YR2 and SPX above its YR1.

IWM has been a frustrating trade. This site has picked off some great moves but this was just a totally wrong exit - first held though the Q2R1 test, then exited above the MayP because I thought if QQQ topped on YR2 IWM would get slammed. Alas, decently up today after I finally gave up on it.

If time permits I may do analysis of best moves from 4/20 low and what the tipoffs were. Going with 2017 USA main leader QQQ would have been better, or SMH. At least KWEB did well.

SPX, SPY, ES1
NDX, QQQ, NQ1
VIX, TLT and GLD
all below