Follow up on the ES chart...

I posted the first negative divergence in ES from the overnight session and one again the 1 min ES 3C chart seems to be working well, here's the updated view.

It looks like some distribution started taking hold shortly after the European markets opened, that led to the overnight and start of the week ES trade hitting it's high and backing off right as the US markets opened. We'll keep an eye on this chart as well as it has a longer history for the start of the week.