Kind of a Volatile Day

But remember, for what it is worth, the TRIN below .75 as it was yesterday or above 2 almost always produces a close down or a close up respectively the next day. IT's a short term indicator, but all moves/reversals start on the short term indicators.

Here's the fast 1 min 3C chart

The yellow arrow shows a positive divergence, it worked great in forecasting the move back up through resistance (former support), the red arrow shows the negative divergence and the red box shows a leading negative divergence. Note the volume the second time around (in the blue boxes) is a lot less then the first as the stops were cleared out leaving a clean slate.