Market Update

I'll skip all the charts here.

The SPY is seeing a 1 min slight negative divergence, this is only on the 1 min chart, the 2 and 3 min are in line so as of now I would only suspect an intraday consolidation or pullback, nothing much more serious than that.

The DIA's is a little deeper, but I still don't expect much of a meaningful move to the downside.

I think the Q's could see a little bit of a stronger pullback, but they remain in line where it counts so I suspect the move is real and solid, it's just the Q's are t a resistance level and had to make their way up quite a bit more.

The IWM also looks like a consolidation/pullback, but still solid on the overall move.