Market Update

Most of the averages are seeing short term 1-3 min negative intraday divergences so I suspect we'll see some downside pressure in to the close.

 CONTEXT for ES is way off, the model is significantly below ES, so I need to check our risk asset layout and see what's going on there.

3C for ES has been pretty much in line all night and all day with the exception of 1 negative divergence that sent Es sideways for a bit, note though how volume is falling off.

Overall I think it's probably not too big a deal, like I said many times, this market isn't going to make anything easy and if it seems easy, you're probably being set up.

I'll post the FX trade in a minute and take a look at our leading indicators.