5/9/2018

Major win for the bulls today with SPY joining QQQ and IWM above all pivots. Only IWM is on a resistance level which means the market should go higher for the next top of significance.

In addition, VIX and VXX confirming the move in stocks. At most highs these will signal a top by moving up along with stocks showing increased hedging activity from the smart big players. 

SPY and VXX below. 

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