EOD Market Update

 These captures are a little old for such short term charts, but they are relatively unchanged. There are some 2 min positive divergences of varying degrees-this is the SPY

 The QQQ

 The DIA-They suggest a late day bounce effort.

 The 5 min chart zoomed out is very negative and leading negative which is the strongest divergence.

 The close up also shows leading negative so it doesn't seem like any bounce at the EOD will get too far.

 The 10 min chart s leading negative-this is what I like to see, multiple timeframes aligning at the same time.

 The long term 15 min chart showing a large amount of accumulation going in to this rally and a leading negative divergence now.

 The 30 min chart goes back to June before the crash, you can see the warning signs of the crash at the left, ever since, this entire consolidation has registered as a negative divergence and now leading negative.

 The 60 min chart is also deep leading negative, at each top there's a white arrow, not one showed even a slight negative divergence on this timeframe, so to have a leading negative is pretty bad.

 Here's the 1 min ES Futures showing an earlier negative divergence and an inline status now.

 The 5 min shows a slight leading positive divergence.

 The 15 min is very negative and leading.

 As is the hourly

This is the 4 hour, also fallen way out of line and leading negative.

In short, I wouldn't be long this market for any reason.