Have to hand it to the bulls today. Despite opening lower again, with SPY below the MarP, markets rallied strongly all day. A lot more in the leadership column above all pivots:
QQQ, IWM, SPY*
SMH, XBI, KRE, XLF*
EEM, KWEB, EWZ, RSX, ACWI*
XME, DBA, USO* DBC*
*'s = today
Notably, however, not DIA which closed very near its MarP without clearing above.
SPY and DIA below. Also note SPY lifting from 2017 close placing bulls in charge. From here, SPY QR1 and DIA MP (monthly pivot) the levels to watch.
Also, put-call remaining stubbornly high - even the 3 day avg - showing huge skepticism towards this rally.