Market Update

First don't forget, tomorrow's fulcrum event is the NFP.

 The IWM recently is looking the worst near term. It is now leading negative.

 The Q's have all the same similar divergences at the same time, they don't look as bad, but they don't look good, remember what the IRE chart looked like when there's good confirmation of a move.

 The SPY seems to be just coming apart since yesterday's highs.

The NYSE TICK Index (number of NYSE stocks advancing minus declining) looks a whole lot different today with readings hitting almost -1300.