Market Update

There are already some signs in ES that this most recent intraday move is fading. There are also a few averages showing the same, not all. I would think that a relative divergence, even the small size of the one we saw would be able to produce a bigger move so perhaps we may see some consolidation and some more upside. I'll have to keep a close eye on it because if the averages start to weaken significantly from here, then this move might be ending.