11 a.m. low looks important

 DIA 3 min remains leading positive, not effected at all by the gap down and by this time in the day the 3 min charts (actually all the way out to 5 min charts) are fully updated.

 ES positive divergence right around the 11 a.m. low then a leading positive. Normally I would suspect a flat-ish range to carry on for at least a few hours, testing the area around the 11 a.m. low, at this point I would expect to see 3C continue to make higher highs (larger positive divergences), NORMALLY. We have to also consider one of the first posts I wrote yesterday, Technical traders on the bear side (which is nearly everyone) will be looking for a failed test of resistance, I showed you yesterday where they entered on a breach of intraday support after the "apparent" failed test. This post was telling you early yesterday what to watch out for. So with shorts now firmly committed on the "apparent " failed test of resistance, it's hard to say if "normal" will apply in this situation.

 IWM 1 min (the chart that had the afternoon negative divergence yesterday) is positive at the 11 a.m. lows and like ES, now leading positive.

 IWM 2 min which I showed you a few posts ago has stayed leading positive, it also put in a positive divergence at the at 11 a.m. lows. The reason I mention this chart is because the 3 min carries more weight than the 1 min and it showed up here too.

 QQQ 1 min positive right at the lows and like the others, a leading positive right after.

 SPY 1 min in leading positive position, not effected by the gap down at all and this is the most sensitive timeframe, also shows another relative positive divergence at 11 a.m. and a further new leading positive high just after.

 What is going to move the Euro? It seems like nothing, "seems" and that's why there's huge record short interest in it, that is motivation enough to move the Euro, by what means or catalyst, I don't know, I don't even think it's important, but the fact the most sensitive 1 min chart stayed leading positive in to a gap down, says something, also note the further leading positive this a.m., again at the 11 a.m. lows

 The 3 min chart as mentioned under the IWM 3 min chart is harder to move than the more sensitive 1 min, it too  stayed and went positive at 11 a.m. lows.

 The $USD 1 min stayed leading negative-confirmation in the EUR/USD pair.

 2 min $USD stayed negative

3 min USD stayed negative.