Early market update

So far we are getting the move higher that I expected yesterday, whether it be Euro driven or op-ex driven.

Here are the early charts for the SPY.

 Here's the move intraday thus far....

 We have pretty decent confirmation

 A small positive divergence and more confirmation on the 5 min

 And the 15 min has moved up this a.m. in the white box.

The 30 min still shows the "tide going out".

Hopefully you saw this hart last night...

You have to imagine the ocean, it' easy for me because I surf and live a mile from it. But the rounding red triangles are like the tide going out, the white arrows are minor bounces or like waves cresting and the minor red arrows are like the waves breaking on the beach. As each wave crests and breaks, the tide continues to go out, leaving each wave breaking further down the shoreline then the previous wave. We are simply in the same cycle of a cresting and breaking wave, the 30 min chart makes clear the tide is going out.