A lot of bullish developments today.
Leader QQQ above all pivots, with clear launch above FebP and above QR2 as well
SPY above QR1
IWM held positive YTD %
Also, VIX rejection of YR2
A few more things joined EWZ, RSX and KWEB above all pivots today. QQQ as mentioned, plus XBI and SMH - see a theme? Tech is leading, and this is usually bullish for the market.
SPY and then pivot & MA (moving average) only charts QQQ, KWEB, XBI and SMH below.
