SPY Update

If you caught my late night post I figured on today setting a new high and this most likely being a false move whether it reversed today or in  few days, I don't know, but here's what it looked like.

 Price sits under resistance of yesterday's close forming an ascending triangle and then the market moves it higher on  slight burst of volume setting the new high, Volume hasn't been enthusiastic in chasing price here.

Current 1 min. 3C negative leading divergence. It's still early, but we could see a reversal today in the afternoon, I don't think it's very likely, but what we are seeing here plus volume is not inspiring from a bull perspective.