It looks like the short orders in the stack have been hit as far as they need to go.
ALL INDEX FUTURES ARE POSITIVE.
HYG is Positive
The 10+ min Equity averages are still in good shape, intraday DIA is very positive, Q's are positive in the 3-5 min space, 1-2 min is in line, IWM is in line on the 1 min, positive on the 2, 3 and 5.
, SPY 1 min in line w/ the 2 (VERY) and 5 positive.
XLF looks good, XLK is coming along.
The TICK is also starting to break free of the channel intraday and close to +1000 readings.
$USD & JPY as well as USD/JPY are swinging around in to good position.
I'm guessing we're half way or more through today's move if you look at the SPY rounding now as part of the "process", that means we should be coming up on the right side of a "U" reversal.
5 years ago
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