ES Overnight

This should help with perspective.

Last night I showed the ES chart in a negative divergence, it's very reliable.

I marked yesterday's market hours and overnight, you an see the ES negative divergence sent ES leaking lower, at the yellow arrow ES fell apart as the European markets opened, at the white arrow we saw a temporary boost from the ADP/Initial Clams data, and at the blue arrow, the market squarely focussed back on Europe.