Early Indications

We still have some relative positive divergences in the market, specifically the SPY, QQQ and IWM, but not the DIA. These are of short term nature, 1-5 min. , but they have lasted nearly a day, they so far have kept the market from seeing follow through selling, we'll have to see f they produce anything on the upside, fall apart or if they continue to build.

 IWM 1 min positive divergence from 2:30 yesterday

 IWM 5 min relative divergence from 10:30 yesterday

 QQQ 5 min relative divergence from 10:15 yesterday

SPY 5 min -slightly leading positive divergence from 10:15 yesterday