FB Update

FB still looks fine to me as I mentioned in yesterday's update, it seems as if it is going through the "process" of a reversal, while also building a base. FB has always moved on its own away from market correlation so it not being up with the market today is not a concern for me.

 FB base area

 The recent consolidation in white, this is the lateral trade that divergences often pop up in.

 This is the 15 min FB chart, it looks very good where we are now.

And the 5 min FB chart.

I believe FB is in the process of creating a reversal.