Opening Indications

I have a feeling we are getting close to a floor, take a look at the SPY and we are right at the bottom of the range.

This seems to be a continuation of what I highlighted late yesterday in this post

Here's the gist...

 Yesterday the 5 min charts in all of the averages had turned down and were in negative position, but...

The new divergence in the 1 min chart was starting up as a positive and has remained so in to this morning's sell-off which seems to be holding through all of the averages.

I'm going to look at some other confirming assets.