ES/Market Update

This is interesting...

 At the last ES update I showed you a leading positive divergence (white box), since then ES has put in another positive divergence and it has been holding at some support.

Now look at the Euro, it broke just below support in the yellow box, yes ES is putting in another positive divergence and holding. It may be that the 1 min chart is lagging a bit, but it should be fast enough, I have to wonder if this is the typical head fake move we see before a reversal, meaning a shakeout in the Euro below support before it tries to break intraday resistance.

We'll see shortly.