Quick Market Update

Well the action seems to be after the E close or just after noon time. There isn't a whole lot of 3C movement except there are some 2 min charts that look like they are trying to support the market here, among the best looking is the IWM, the DIA is second place and the Q's last place.

I'm not including charts because nothing has moved so much to make note of it.

There are some 15 min charts starting to head down, the QQQ is one, it is in line with the market action in the Q's, however if the Q's bounce from here and the 15 min chart continues down, then we are closer to that clean signal that I hope we get, but as of yet, have not expected to be as clean as previous signals.

The DIA is by far the worst, I would consider it a clean signal right now, but we have to keep in mind the averages move directionally together most of the time, even if they are showing differences in percentage gains.

The SPY 15 min is doing the same as the Q's, so this could be the start we are looking for on the 15 min charts.

I see the market is starting to respond to those 2 min positive divergences mentioned at the start of this post.