Market Update

 DIA 1 mi is about in line

 The 2 min is close to in line, maybe an intraday positive divergence, but the damage is being done to the longer term charts. Ironically AMZN is right near $200.

 Longer term 2 min trend

 Like I said, the damage is being done, the 15 min

 I don't even need annotations on this 30 min, look at the leading negative just so far today on a long chart like this

 IWM showing an intraday positive divergence

 The 5 min chart from leading negative to even worse leading negative

 The 15 min chart leading negative, compare to where 3C was on the 6th and where prices are.

 IWM 30 min, like I said, the damage is being done.

 QQQ 1 min possible positive intraday divergence.

 The 2 min with a positive intraday divergence

 More damage on the longer term 2 min trend

 Look how much damage was doen to the 5 min today alone/

 And the 15 min

 SPY 1 min mostly in line

 2 min showing an intraday positive divergence

 5 min seeing more damage done to an already leading negative divergence

Lots of damage to the 15 min.

There will be bounces and shakeouts as I mentioned earlier, but the longer term charts are more important and there is a lot of damage being done there.