ES's positive divergences intraday have been very small, to be fair, so have the negatives. but this most recent negative is leading now, 3C has been very volatile since 2 p.m. and I suspect that this will turn in to a deeper leading negative divergence as the risk assets are not supporting this move.
CONTEXT for ES is getting more negative, I'll be interested in seeing the risk asset layout after the close, I suspect some deterioration in some of the key assets.
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