Thoughts on a bounce

Here's a look at the SPY intraday chart suggesting the bounce which we have seen a little of thus far.

 1 min intraday positive divergence...

This is the 15 min chart.

Basically the point is the longer term charts are far more influential to the trend and underlying trade then the short term charts. There's a lot of damage done on this 15 min chart in a short period of time.