Given Financials influence on the SPX, I thought I'd take a quick look at the SPY.
SPY 1 min intraday showing no confirmation of today's opening move higher.
2 min in a leading negative divergence, this is what reversals often look like and this is a pretty clean chart, we haven't seen charts this clean in at least a week except for Thursday's intraday accumulation.
Migration to the 3 min chart, also note the intraday divergence today.
And the all important cross from intraday to more meaningful charts at 5 mins, leading negative.
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