4/19/2018

Pivot configurations on the 5 USA main indexes are a bit less bullish than yesterday but things could have been far worse.

-s
DIA fractionally below QP
NYA below QP

+s
SPY held QP near exact, still above all pivots
QQQ held above all pivots, bouncing from HR1
IWM well above all pivots
DIA could have looked like rejection of QP, but wasn't (due to comeback)

VIX below YR1; if more trouble ahead VIX should have closed above that level
VXX QP resistance

Despite the two leading negatives I actually consider today a win for the bulls. 

Also - breaking news - ETHUSD above its YP and already testing HP. BTCUSD knocking on door of MP recovery. I think the best move in cryptos this year is just ahead. 

SPY, VIX and ETHUSD below.
 

19 1 SPY D.png
19 2 VIX D.png
19 3 ETHUSD.png