Market Update

You've seen the longer term charts, you know what the disposition of the market looks like, here's a bone some of you short term traders may want to take a whack at.

 Just like our earlier positive divergence in one of the 4 averages tipping the market's hand, we now have 2 decent negative 1 min divergences and 1 that's taking some shape. The QQQ 1 min is negative and likely to see some intraday selling from here

The SPY looks the worst with a leading negative 1 min chart.

And the IWM is just starting to come along.

The Tick chart has fallen out of its uptrend and is starting to move lower as well.

Good hunting.