Market Update

This is getting interesting...

With the pressure on the market from the $USD (above the Euro is sinking), it's amazing the market has been able to even hold laterally, but remember what happens in flat markets...

Their answer to combat the $USD and the Beige book, kick in some more resources...

 Look at that DIA leading positive divergence today. This is looking like it's going to be grand-finally bounce.

 The IWM, today's positive 1 min divergence is stronger then yesterday's

 I think I would say the same of the QQQ 2 min

 And now the QQQ 5 min is even moving toward a leading positive position.

 SPY 1 min leading positive starting after 12 pm

Look at the 5 min.

It seems to me they are going to get this bounce off and it is looking like it will be more spectacular then it did yesterday.