Market Update

 DIA 2 min is in line, which is not to say very strong

 The 5 min chart is the same

 The IWM 5 min chart is similar to the DIa, it looks like big caps and small caps will underperform.

 IWM 2 min is more negative short term then the others.

 This looks like a fairly strong positive in the Q's, I think this alone should be able to drag the rest of the market higher with it, but we are clearly moving close to the end of this bounce.

 SPY 1 min has some weak short term positive divergences

The 5 min is in line.

Bottom line, it looks like some tech rotation and then I suspect this bounce will be dead. Financials may be worth a look for a short position or partial position with the SPY looking this way.