Market Update-Finally

I've been waiting for some sign/signal to put out a market update, something that looks like something is finally going on, we have some hints finally.

 ES has put in a decent positive divergence and now a leading positive

 IWM 5 min has a decent 5 min positive in place today

 QQQ 1 min is very obvious

 That has bled in to the 3 min chart

 And now moving to the 5 min chart

 SPY 2 min is relative positive, I get the feeling though this is about to break higher (3C).

 3 min positive divergence after an earlier negative divergence around the time of the ECB news.

 SPY 5 min is moving toward a leading positive

 FXE 5 min has improved quite a bit

While UUP 5 min has fallen apart even more...

Perhaps this holding pattern is in anticipation of the F_O_M_C minutes due out in less than 45 mins.

As usual, be on the look out for typical f-e-d related initial knee-jerk reactions.