FOR WHAT ITS WORTH

In light of yesterdays discussion on Pivot Points, the SPY this am ripped right through the daily pivot at 128.85 and is now sitting at initial resistance of 129.15. The second area of resistance is 129.5 so these points may come into play later today with the Pivot acting as support. Also, note how crummy these internals are, the Naz are pinkish and the NYSE is slightly green. A fairly confusing market in my opinion.