Market trends resumed today - Tech via QQQ up, Semiconductors up, oil and energy down. Long strength and short weakness doing well, although if playing I'd be on guard especially towards the latter half of the month and early July for re-balancing moves.

JunR1s in play across the board on SPY, DIA, QQQ, IWM and VTI all - yes all - testing today. So the question is whether we see another rejection or these levels clear.

I give edge to stock bulls based on VTI YR1 hold and XIV near test of JunP and hold. Apparently oil -5% (again) not having any contagion effect. In fact, perhaps this is reason to just buy more tech stocks :) But I'm not changing positioning quite yet.

Also, so far YP / 1HP combo on TYX & TNX both holding. This is also bullish for stocks.

SPY, USO, XIV and TNX below.