Market Update

I've had a lot of interest in my Swing Layout and the rules, I'm going to fit it in to this market update real quick.

 While I don't have the Swing Layout open, the white arrow is the highest high in the uptrend on a 5 min intraday chart, it becomes the pivot or signal candle, specifically, its low at the red trendline. The first 5 min candle to make a high that is below that trendline (below the pivot candle's low) breaks the uptrend and signals a short if conditions are right, which you can quantify with many different indicators, for now since this is an update, I'll use 3C.

 3C started going negative and the market lost all relative performance, even with a new high, the relative strength dropped way off and as you can see, the 1 min 3C is now leading negative, which adds some weight to the swing candle signal.

 The next 2 min intraday chart shows the early accumulation for the move up with the Euro and is also now leading negative.

ES below has been in a negative stance all morning.