SPY Update

 the 1 min looks like we are seeing some of that accumulation I was wondering about, it may be for later today, but it's on the 5 min too so we may see another day of upside.

 Here's the 5 min 3C positive divergence I just mentioned.

This will be the trouble for the SPY, The financials haven't reacted well today and are on the edge of the cliff. The "Rising tide lifts all boats" effect may save XLF here, but if not, then expect the SPy to underperform the other averages.