A more bullish day than I expected, but NDX and RUT remained below their MPs. VIX, however, dropped back under its MP instead of launching further.

Regardless, DJI - which often gives the best pivot tells on the market - is in a very important area. It cleared HR1 today but on the way to YR1. I think this level, along with NDX YR2, will define the next larger move in the market.

DJI and NDX Below.

18 1 DJI D.png