6/15/2018

Market could have dropped further but didn't. Usually that's bullish for the next move.

SPX held above HR1 with JunR1 also acting as support
ES (U) could have had rejection from YR1 but looks more like pause
SPY looks different due to ex-dividend move but it too held above HR1

VIX closed below its YP and thus below all pivots for the 5th time in the last 8 days. 

As usual more on the blog this weekend. 

16 2 SPX D.png
16 1 VIX D.png