Market Update

 First the 1 min intraday chart, DIA again looks to be the weakest in underlying trade, it had decent early momentum, the negative divergence in the afternoon is market wide, so is the slight positive divergence in to the closing action.

 The DIA migrated out to about the 10 min chart which at this point is in line and slightly positive, that will probably change by the close a bit.

 The 15 min chart on the DIa is the odd man out, it is not looking like any of the other 15 min charts so I assume there's some noise, but again the closing action will make that determination easier. I've skipped ahead to the 60 min chart which has been spot on from the May 1 decline the confirmation on the move down and a relative positive divergence which looks about right considering how the DIA underlying trade has looked, this is a zoomed version, for the big picture so you are not misled, see the trend of the 60 min below,

 This need no annotation, this is how ugly the big picture is.

 IWM showing the same things intraday 1 min.

 It migrated out to about the 10 min today, leading and still leading with the dip.

 The trend of the IWM 15 min and in the box, today's 15 min action alone.

 QQQ 1 min, again there's consistency in these intraday charts, all show the same theme

 QQQ migrated out to the 10 min, leading positive.

 The 15 min chart overall is very strong leading positive, intraday it dipped and I didn't like the loos of that, but it has recovered a bit in to the closing action. Overall though, the trend is still looking pretty good.

 SPY 1 min, same theme as all of the other 1 min charts.

 This one migrated out to the 15 min which is a big step

And the 15 min trend with today's action in the box.