One Other Thing

I did mention this and show you the charts in last night's F_E_D post, remember I have been expecting the move up above the IWM's range and then a move down to continue the trend that was under way.

It should be remembered that the significant charts in the 10-15-30 min timeframes have leading negative divergences that are pretty deep, this is worth remembering as the F_O_M_C could be that catalyst to get that move underway or resume it, even if it is on a knee-jerk reaction, if it moves low enough, that's all we need.