Market Update

The charts, as well as the breadth posts of the past couple of days speak for themselves.

 DIA, yesterday's highs not confirmed and this morning's highs were not confirmed.

 The same for the IWM, it's a shame the 1 min. chart can only go back 2.5 days.

 The QQQ

 SPY-note that there's no positive divergence before the current move up from the 11:40 lows

On the TICK chart we have another appearance of a sub -1100 reading, we haven't seen that since the 3p.m. sell off on the 28th (connected to quarter's end T+3 settlement date).