4/23/2018

File today in the "could have been worse" category. While SPY remained below QP and MP, QQQ held QP on close, DIA help MP on close, and IWM remained above all pivots.

VXX stayed below QP, and VIX was lower despite the stock drop.

The big shift in pivot status was in the metals. GLD second day this quarter below the QP; GDX Q break after YP rejection; SLV back under YP, HP and QP after 3 days above these levels last week!

Oh yes - cryptos. As mentioned in 4/15 Total market view cryptos seemed primed for rally that that has gotten in gear with leader ETH above YP on 4/19 and continuing to power up. BTC followed above its MP on 4/20 and has added to gains. 

SPY, QQQ and DIA below. 

23 1 SPY D.png
23 2 QQQ D.png
23 3 DIA D.png