I was a bit surprised at the negativity on Friday - a lot of levels crumbled without much fight.

Keep in mind that I have been far from bullish this year, but did think as of last week's Total market view that edge had shifted in favor of bulls and felt comfortable with that assessment in the middle of the week with all 5 main indexes above all pivots.

Alas that did not last long.

SPY QP and MP break
QQQ MP break, still holding QP though
DIA QP rejection, still holding MP though
NYA QP rejection, still above MP though

IWM remains above all pivots.

As usual more this weekend on the blog.