Prior week: SPX YR1 rejection and medium term level break; NDX near 2HR1s, INDU YR1 near tag YR1 rejection and COMP clear rejection, medium term level break like SPX; RUT high YR1 exact and rejection, also below SepP; VTI high on YR1 and rejection.
Last week: SPX YR1 again rejection; NDX 2HR1 support; otherwise all indexes formed lows on SepS1s or S2s. Only tech set back above all pivots; all others under SepPs.
SPX / ES / ES1 / ESZ
SPX weekly chart looks especially bearish with the high bang on YR1, now resistance. Daily SPY and ES1 charts show a break of YR1 and below orange dot monthly pivot for the first time since June and fast move down to SepS2 area. ESZ shows low bang on SepS2 and includes other technicals which adds context of rising 100MA support.
NDX / COMPQ / QQQ / NQ1 / NQZ
Nothing wrong with this chart as a fast drop to 2HR1 area zoomed right back to highs. YR1 looks doable. Daily charts QQQ low held 2HR1 on close, Sep1 there too, and back above all pivots on 9/16! NQZ has different YR1 than others so let's see if still resistance next week; fantastic hold of rising daily 50MA (in purple).
INDU / COMP / DIA / YM1 / YMZ
Weekly index charts continue downtrend from YR1 areas (INDU slight miss, COMP overshoot then clear resistance). Daily charts drop to SepS2 then stabilization, with YMZ D100MA also helping.
RUT / IWM / RJ1 / RJZ
Picture perfect high on YR1 (and low on YS2 for that matter). Maybe that is it for the year. For now IWM recovered SepP one day although without the "look of support" only to break again and make a low on SepS1. Still below SepP though.
NYA / VTI
Weekly NYA chart between levels. Daily chart low on SepS2 exact so far. VTI clear rejection of YR1 and also low on SepS2 / 100MA combo.