Market Update

By this time all 3 timeframes below have had enough time to catch up and should be confirming the move up if it is sold or at least making some effort, none of the timeframes, which as you can see have worked very well in calling all the small moves up and down last week, are confirming, none of the averages are confirming including the Russell 2k which is not presented here because it is redundant.

 DIA 1 min

 DIA 2 min

 DIA 5 min

 QQQ 1 min

 QQQ 2 min

 QQQ 5 min

 SPY 1 min

 SPY 2 min

SPY 5 min.

Not a single one of 9. I'm going to check the industry groups.