What an odd day. Oil semi-crashed, yet safe havens were down. Some global stocks dropped, but SPY finished +.12%.

The two portfolio changes yesterday helped, with 1 unit EEM hedged and RSX short catching a -2% drop and a break of the 1HP, now an easy hold below that level.

Although IWM closed just below its MayP, decent hold of Q2P so that is still alive. The entry was a judgment call on long (vs QQQ or SMH) and while it looked great for a few days, gains faded when I elected to hold for higher targets after test of Q2R1. A decent jobs report could get this moving again. Also - other data providers show IWM closing above its MayP on 5/3.

China via SHComp testing YP and FXI testing Q2P interesting to watch.

We'll see what happens tomorrow. SPY, IWM, RSX below.

Note: SPY has stalled in May below the close highs but no serious selling yet. I don't think the sell in May move will be that easy. I am still pulling for higher targets and may even add longs soon.