The Pivotal Perspective was mostly bullish today, except for one thing - much of it doesn't really count. Past studies have showed the setups are more likely to fail if:

- bar moves through level fractionally, without having the "look of support / resistance"
- very low volume

Today the market has several of both of these.

SPY lift above Q3R1 - good, but, lowest volume of the year so... vulnerable to fake-out.
DIA up but AugR1 tag with RSI very high, mixed.
QQQ up through Q3R1 level yet without look of support; still i will count this as some positive.
IWM appearing to hold Q3P but again, lowest volume of the year and weak up at that, so let's call that a scratch.
VTI still under Q3R1, potential negative.

XIV above YR3 fractionally, so without look of support and oh yeah, lowest volume of the year.

Even EEM, rallying above Q3R1 and testing YR2 - lowest volume of the year and RSI fully overbought. I am not confident EEM will clear YR2 in this kind of move.

FWIW TLT and GLD Q3P holds were also weak advances on low volume too.

Cannot conclude much from today, though market seems to defy any caution once again. We'll see tomorrow. SPY, XIV, EEM and GDX below.