Update

A bearish ascending wedge in the 1 min SPY

Continued deterioration in the NASDAQ Advance/Decline Ratio

And mostly negative 1 min divergences in about 11 of 12 charts looked at.

This a.m.'s action thus far is inline with last night's forecast. We'll have to wait to see what this becomes, but it does not cause me any concern at the moment with regard to our bearish stance.