6/4/2018

More points for the bulls today, as DIA reclaimed its QP. This means all USA mains except NYA are above all pivots. 

QQQ powering up and resuming leadership in a big way in the past week - jumped above HR2 without any trouble. Also above QR and already at JunR1. 

Bonds are back in trouble - TLT, AGG, LQD and HYG all below all long term and medium term pivots. 

VIX somehow still above its YP but that seems likely to give way soon. This will further increase the chance of higher highs in equities. 

SPY, QQQ and VIX below.

4 1 SPY D.png
4 2 QQQ D.png