Timeframe migration continues-ES test...

 Last post ES was testing VWAP at the vertical white arrow, it held and now ES is testing the intraday highs.

 Meanwhile the migration from the 1 min charts from early this morning to the 2, and 3 min. charts is now moving in to the 5 min range, DIA 5 min is in a leading positive position. This is especially important with the break below the bear flag, that was the point of me posting the two charts from Friday again last night and today, the market's behavioral trend has been to run a head fake move before every reversal, today would be considered that head fake move. If the bears were in control, I'd expect to be seeing negative divergences, leading negative divergences as the market moves higher intraday, so this is important as far as timing of a reversal. If these charts can continue to hold up and continue to build as they have been doing today, it makes today's gap down below the flag much more likely to have been a head fake move, which happens about 80+% of the time before a meaningful reversal.

 IWM 5 min looks really good here.

 QQQ 5 min is in leading positive position, the sideways movement is in line with price action and not a negative divergence.

The SPY 5 min is breaking free to a leading positive position.