The market averages look pretty darn close to the Futures on the intraday timeframe.
The DIA has the most obvious intraday 1 min positive divergence
Just as the Index futures showed, The IWM also has a positive divergence
The NASDAQ futures weren't quite there and they aren't on the QQQ either as of yet.
The SPX futures had a relative positive divergence (this is the weakest, but it's a step up from in line). Right now the SPY is almost perfectly in line this morning.
I'd say these are the early beginnings of more positive divergences so we may see some pulling back, some consolidation areas, etc because accumulation usually isn't in to higher prices, some sort of flat range would probably be the best for accumulation at this point.
That's my take as of now, the levers are definitely being pulled and the broad risk asset support is there right now.
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