Update

The market is very Wedgy right now and that' not bullish, meaning that the pries that have been rising in the wedge, although higher, are not bullish, it's not a long term statement, just something along the lines of the pullback I mentioned.

 DIA Ascending Wedge, a lot of times we see an upside breakout first on these wedges before they fall, that's their version of a head fake.


 DIA 1 min

 DIA 2 min, still nothing on the 5 min.

 IWM 1 min

 IWM 2 min, nothing on the 5 min

 QQQ 2 min

SPY 2 min

Again, the 5 min charts still look fine, which would suggest an intraday pullback thus far.