Pretty close to make or break time...

 The Bollinger Bands (10 min) are ver tight, indicative of a highly directional move (considering the timeframe).

 Here's the Apex of the triangle, as I have warned in nearly all of the updates, "Watch for a head fake move first" and it looks like we have that move as price moved just below the triangle and volume ticked up as stops were hit/shorts entered (it's all the same-selling).

 SPY intraday positive divergence.

 The volume surge wasn't HUGE on the break below the triangle's apex, but the NYSE TICK chart shows that move to have the lowest TICK reading of the day, a lot of stocks moved down right there and there' a positive TICK divergence since.

ES remains in an intraday positive divergence which is not too common lately during these overall distribution periods in to strength, but in my opinion the market stepped in again to support it from falling too much on the economic data misses as I suspect they still want that final blow-off move above $1403 or greater.