Early Update

Today "feels" like Quadruple Witching, at least the early volatility, this is the first time I remember an opt-ex day feeling like one, especially a Quad-Witching day.

I'm not really too excited about early indications, still the market is sloppy and seemingly all over the place, there are a lot of other leading indications and correlations that I'd like to look at and see what these charts look like around 11:30-ish.

 DIA intraday looks a little better recently.

 When I said the charts that count, this would be an example

 The IWM intraday

 However slightly longer view shows this morning's highs not supported.

 The Q's are nearly perfectly in line intraday

 While the chart that "counts" looks just about exactly as it should, it looks like these charts use to every day.

 The same with the SPY, although there's a small relative positive there too.

Agin, this is what I'm more use to seeing, a leading divergence and a move that is commensurate with it.

All of the intraday futures are moving to an intraday relative positive divergence, it's about as weak as it can be and still positive, they look like a cross between the first QQQ chart and the first SPY chart.

I'm going to check correlation and leading indications.