Market Update

 DIA 1 min slight negative divergence, this could turn in to a pullback, but it could also just be a consolidation like we are seeing.

 DIA slight 5 min negative divergence, otherwise excellent confirmation

 DIA 10 min-good confirmation

 QQQ 1 min negative divergence.

 QQQ 5 min negative divergence

 QQQ 10 min leading positive divergence

 SPY confirmation, now  a 1 min negative divergence-discussed above at the DIA 1 min chart

 SPY 5 min confirmation

 SPY 10 min confirmation

Here's the 3C SPY 5 min depth chart, the positive divergence was sharp so I would expect the crest of distribution to also set a new low, as you can see from past rallies, this indicator will start the cresting wave even as the market moves higher, it is at the peak of the crest that we have usually reached a downside reversal point and we still have plenty of time. There are now negative divergences that suggest we are anywhere near that. I will be looking at more charts and see how correlations are doing today.

Thus far I am still holding all of my long positions.