Full SPY Market Update

I'll post intraday updates for the other averages next, thus far today's trade is a lot better than yesterday's, coincidence? Remember the chart I posted before we even got moving of where to expect games and the specific area hit yesterday as being one of them to make traders think the test of resistance failed. I'm not saying the games are over, I'm saying the SPY 3C trade looks a lot better today than yesterday thus far and it gives me more confidence in my gut feeling that the invisible hand WAS at work late yesterday pushing the market lower to create the impression of a failed test of resistance.

 1 min chart was slightly leading, it saw a small negative divergence that put 3C in line with price.

 The 2 min chart since June 5th shows some of the underlying weakness in 3C short intraday timeframes I mentioned last night, but...

 Intraday the 2 min is leading positive with a slight negative in this area.

 The 3 min was perfectly in line with price and then reached further to a leading positive, the negative divergence on the 1/2 min charts must not be that strong (at least as of now) as it doesn't show up at all here.

 A little longer view of the 5 min, you can see 3C's relative weakness, especially at yesterday's close, but...

 Again this a.m. the 5 min chart was perfectly in line with trade and is now leading positive, there's no negative divergence, just trend confirmation as price is lateral right now.

And the 30 min chart just for the broader perspective.

The other averages are coming next.