Market Update

 DIA short term small leading positive divergence, otherwise, largely in line.

 The IWM looks the worst, it is pretty much in line with a minor relative positive divergence this afternoon, but the market usually moves together.

 QQQ leading positive divergence.

 SPY 1 min leading positive divergence

5 min SPY is in line, suggesting an intraday bounce and not much more. I suspected this would happen as the losses were so big off the open, it was unlikely the market would simply hold them without some counter trend movement.

The NYSE TICK chart has also went from a downtrend this a.m. to the start of an uptrend, suggesting a bounce.