ES Overnight

ES/The market didn't like Europe this morning.

Here are two charts of ES since I can't fit all of the history on one chart.

 This shows ES in line with 3C after the New York market closed at 4 p.m. yesterday, around 10 p.m. EDT we even saw a leading positive divergence in ES taking it higher right in to the European open at 3 1.m. EDT (marked below at the white square and arrow). A deep negative divergence set in on the European open.

Here's the second half of the chart right up until present, the European open is still marked with the white box below. This time you can see what that negative divergence which was big, did to price for the rest of the morning in to the New York open.