Market Update

I can't recall the last time the market gapped down and didn't try to fill the gap, when that stops happening, the market will face a breakaway gap and some real downside trouble. Rght now the 1 min chart suggests it may want to try to fill the gap, but as of now the signal is limited to the 1 min chart and therefore still pretty weak.

 SPY 1 min 3C

 SPY 2 min 3C is still in line with the downtrend.

As is the 5 min chart.