Early Update

If I just had to guess, I'd guess that we see somewhat rangebound (op-ex) pin action today with the market free to do what it wants during the last hour as most contracts are closed by then.

This morning (as you know I don't usually pay too much attention, or rather give much weight to a.m. trade), we are seeing some slight early strength, in some cases it seems like a gap fill, but I'd like to show you the averages on an intraday 1 min chart and a longer, more important 3 min chart...

IWM

 1 min chart w/ a  slight relative positive divergence moving toward yesterday's close (gap fill).

The 3 min chart w/ a significantly worse looking leading negative divergence. On another note, many members have written me showing me different indications they saw that suggested to them that the AP Twitter Feed Hi-Hacking event this week in which an AP Tweet said the White House had several explosions and that POTUS was injured, was in fact set up and ready for some fast moving traders/computers to take advantage of the situation, selling before the event and buying at the very bottom. I have noticed a negative divergence before the event (yellow arrow) in every case, maybe there is something to it.

QQQ

 1 min positive this a.m.

3 min leading negative as the Q's also were moving toward a gap fill.

SPY

 1 min positive

3 min leading negative, again all 3 charts show the same AP event.

The NYSE TICK chart was trending earlier, it was very weak though with nothing over +750, that broke and is getting volatile up and down now, but no trend apparent yet.