SPX made a decent recovery today, along with VIX rejection its MP. Typically this would be bullish.

But 3 other indexes stopped right at resistance so I'm a bit less sure - NDX QQQ, DJI DIA, and NYA all tagged their QR1s and stopped cold.

And if we really want to fine tune, SPX did not recover its WP.

The latest Total market view thought that RUT IWM had the best chance of leadership to new highs / above pivots resistance, in part due to my expectation that the DXY move was for real. I keep to this view - if higher, then RUT IWM and probably also NDX QQQ will lead; if lower, DJI DIA and NYA will get hit.

SPX, DJI and VIX below.