Market Update...

 DIA 1 min shows this morning's negative opening, accumulation sending the market higher and confirmation of that trend thus far.

 The 5 min chart shows our original accumulation on 9/12 and now we are seeing pretty good distribution of the Wall Street accumulated position from 9/12

 The 10 min hart shows the last cycle down and currently this cycle has more distribution, making me think they have already started to sell short and this will be a bigger plunge then what we have seen the last month or so.

 Some previous cycles on the 15 min DIA chart and the current 15 min negative divergence. I think we are in a zone where you can start moving your portfolio towards flat/cash.

 QQQ 1 min has fallen out with the price trend and is leading negative.

 The last cycle top, accumulation on 9/12 and what looks to be in line trade.

 However the 10 min chart is also leading negative.

 The 15 min chart looks really bad, especially compared to the last move down on 9/8

 SPY shows this mornings action on the 1 min chat, which is basically in line, but there is a relative negative divergence vs 3 p.m. yesterday.

 The 5 min chart showing the last cycle top, accumulation for this leg up and is in line.

 Accumulation on 9/12 on the 10 min chart and in line trade.

The 15 min chart is just starting to fall out.

I'm going to start cleaning up my portfolio and moving to cash, I'll probably leave S&P longs in place for a bit longer as well as financials, but Dow and NASDAQ (tech, small caps and large caps) I will probably start moving out of on this strength.