Market "Seems' Dull Today

However the underlying action is not as dull as it appears. I don't have my normal 3C layout open because I'm scanning the % of stocks above the 200-day moving average in the NYSE, as every time it has hit 40 in the last 3 months we have seen a decline, as of yesterday's video it was at 37.06%. I also want to check credit after that scan is done, but here is the TC 3C charts which are a bit shorter, yet show underlying action picking up on a day when most of the market is barely unchanged.

 The DIA 1 min chart has been negative, but it is nose diving today on the leading negative side.

 So is the 5 min chart, others are as well, these were the extremes.

 SPY 5 min distribution at the breakout of the ascending wedge which I thought last week and still do that it will prove to be  a false breakout.

The 10 min chart is doing a lot of leading to the downside today as well.

Again, it will be interesting to see what credit is doing as well as the % of NYSE stocks above the 200 day m.a.