Pullback/correction is pretty mellow so far

I'm glad to see it too. There are no ugly negative divergences and in a few cases there are even some looking more positive than just in line with the price trend.

These are only intraday view 1 min charts.

 DIA is currently in line with price, better than a leading negative divergence as we saw in a few places earlier.

 Case in point, the SPX futures (ES) were not only negative earlier, but in leading negative 1 min position, now we are seeing at least some moderation.


 IWM 1 min was leading negative before the reversal intraday and now the 1 min is shooting up

QQQ 1 min is also in a better position than just confirmation, the bottom line is it doesn't look like any mass hysteria/distribution, but more just a consolidation like I mentioned before in some of the example models.