SPX/SPY is holding YR2 as support - bullish. Despite threats from an array of assorted factors - IWM, TLT, HYG, GLD, new lows - so far bulls still in charge.
SPX, SPY and XIV below - note, if market were to drop then 2HR2 on XIV would be resistance, and most definitely YR2s on SPX & SPY would be breaking. Both not happening.
