Market Update

Basically looking at the intraday charts, it looks like the market is treading water, with the F_O_M_C today that makes sense, 100%.

 DIA open in the red box on the 1 min, even though there are some positive divergences here, I still expect chop.

 DIA 2 min open is at the red box, which was negative, again just chopping around.

 DIA 5 min has a positive divergence here.

 QQQ 1 min negative at the open, in line all morning and just seeing a small positive divergence here.

 QQQ 3 min negative at the open, in line all morning, the 1 min chart has a positive that just started so it wouldn't show up on this longer chart yet.

 Same on QQQ 5 min, negative on the open, in line since.

 SPY 1 min negative on the open, mostly in line all morning

 2 min negative on the open, there's a positive divergence developing here, probably more chop.

Same with the 5 min chart.

As I said, this looks like a holding pattern.