ES Update

Ironically ES is seeing its first leading positive divergence of the day, perhaps including the entire overnight session, CONTEXT is also going positive and I grabbed a chart of High Yield Credit as well with a short term positive in it.

 ES making a leading positive divergence, now well above the noon readings, actually higher than anything seen in regular hours trade.

 Also CONTEXT's model is going positive, higher than ES is (time delayed).

HY credit isn't making the lower lows intraday that the SPX is making here, it's making higher lows, strange for HY credit to be acting like that with the SPX making lower lows, seems something is up, still if it is, I expect it's near term games and short term noise.