Market Update

 The DIA above and the SPY and QQQ are showing some slight 1 min positive divergences. For the DIA and QQQ, not surprisingly, they are forming at support which is the important level to watch for today. The TICK chart is showing some modest improvement.

 QQQ

SPY

None of the 5 min 3C harts are in positive divergences. There's a possibility that the averages slide laterally along the support level and build a bigger positive divergence.

The IWM is currently not participating in these 1 min divergences.