Market Update

It's a pretty crazy market today, the CBOE offline/online/???

In any case, intraday charts shaped up, however the charts that were there from yesterday are still there. I still think it is most likely we will see that pullback / correction.

Here's the SPY and some futures

 ES 1 min intraday is in line

TF 1 min (R2K futures) don't look so good on the same timeframe

SPY 1 min from the earlier leading negative to a relative positive, but still in negative overall position.

This is really where most of the change is.

2 min SPY is not showing much strength at all, the opposite in fact.

As is the 3 min SPY, leading negative

the 15 min chart is where I would cap any pullback activity and think that any correction could only be short term (day/s) in nature as the accumulation period above is quite a bit bigger than the distribution period, this is why I think after any correction, the market has more upside before the reversal I'm looking for.

I'm checking Leading Indicators now.