Of course ES was negative on the open so I guess we can't expect to much from the market, but this is still early trade, the market hasn't settled in, but you can clearly see the change in character taking place I have mentioned over the last several days.
The 2 min is really nearly leading negative on the open.
The QQQ with a negative divergence at yesterday's highs which was also ES resistance at VWAP and a late day positive divergence, thus far this morning we have trend confirmation of the move down.
The 2 min chart is worse, leading negative.
The SPY is leading negative on the open. Market makers must have seen this coming just as we did.
And the SPY 2 min is negative.
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