Today I count more +s on the bull side than the bear.

USA main indexes still above all pivots
IWM held MayP (could have broken)

TLT and AGG below MayPs (could have recovered)
GLD hammered (and GDX below all pivots FWIW)
VIX & XIV no change

However, global indexes were hit as $DXY firmed and even closed above its YP slightly. Portfolio currently is overweight global stocks via EEM, INDA and KWEB, and DXY strength threatens this trend. EEM and KWEB have pivot resistance rejections as well, EEM from 1HR2 and KWEB from Q2R1.

Portfolio is 120% long, and I may have missed the exit on IWM. However, right now IWM just held and global stocks look more vulnerable, so I think the thing to do is: hedge out 1 EEM unit and short 1 RSX. This will allow to keep the leaders yet be a little less exposed. We'll see how it works out.

EEM hedge valid below 1HR2; RSX short/hedge valid below Q2P.

SPY, IWM, EEM, KWEB, RSX below.