Market Update

In keeping with trying to look at what is happening today, as we move further in to the day, longer timeframes of 3C have had time to catch up, so here's an update.

The intraday charts are falling in line with the trends I showed you in the first update today. These are 1, 2, 3 and 5 min charts, several of the 5 min charts are leading negative badly on the day.

 DIA 1 min

 DIA 2 m

 DIA 3 m

 DIA 5 min-That's a nasty looking divergence.


 IWM 1 m

 IWM 2 min

 IWM 3 min falling apart


 IWM 5 min following

 QQQ 1 m

 QQQ 2 m


 QQQ 3 min-starting to lead negative

 QQQ 5 min-looking bad.

 SPY 1 m


 SPY 2 min looking bad here

 SPY 3 min starting to lead negative


SPY 5 min not looking good at all.