Closing Market Update

I'm still happy to have taken the SPY call position, I think it make sense. Here are today's charts, some mixed charts, but overall they seem to make some sense.

 DIA 1 min today

 IWM 3 min today, negative

 IWM 5 min today-negative

 QQQ 2 min positive

 QQQ 10 min positive

 This is what I think, short term the gap gets filled, the SPY calls should work well for that, longer term the market still seems to owe downside on this negative divergence overall.


 SPY 1 min positive

 3 min positive

10 min positive.

I'm looking for at least a gap fill and then we'll look at finishing the downside off the last move.