Update

This looks like the first negative divergence on a 1 min chart that may hold as they've been bouncing around a lot. I've been thinking that the POMO operations over at 11 am will show the ratio of submitted to accepted and we should get a decent reading.

Right now there's a relative negative divergence-although the climb earlier was confirmed, in the DIA, the same is true for the Q's. The SPY does not have a relative positive 1 min divergence, but it is moving down that it may create a leading negative divergence.

It's been very bouncy this morning, so I'm hoping that these are the first that will hold and show some direction here into the late morning and maybe early afternoon