That pullback that the market looks ready for is starting to manifest more in the charts, it could also be more of a consolidation. The QQQ by far looks the best, but that is also because AAPL looks very good right now as it is up over 2%.
AAPL 3 min is perfectly in line and moving very well today.
DIA 1 -3 min is negative intraday
The IWM is also negative intraday
QQQ 2 min looks much better, but there is some very small signs of a small relative negative divergence.
SPY 2 min is also showing the same negative divergence, although I would continue to stress these are intraday, small divergences, the bigger picture near term is more upside.
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