In the last post I showed you the start of a negative divergence (intraday) as well as the longer term in the Euro which is what's moving the market right now as it makes a counter-trend correction.
That negative divergence is getting worse so we are likely getting closer to a reversal point intraday. For closing trade I'd like to see the market head lower from 2 or 2:30 through the close, that's sustainable.
I'll take a look at some other assets, but this I think will be an important signal for intraday trade and I wanted to bring it to you in case you need the information for tactical moves.
*While I've been putting this post together it has grown worse, it's now seeing 3C near lows on the chart
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