Market Update: Now Change s in the air

Here's the Yen via FXY...

 When FXY breaks under the trendline, the market will likely be ready to make it's run higher, keep in mind the scale or the FXY top/reversal when thinking about the market's opposite move.

 Now we start seeing the process unfold of intraday accumulation, DIA 1 m

IWM 2 m

QQQ 2m

SPY 2m.

I'd guess we'll see one more bottom or intraday low to create a "W" intraday, but the last 3 days have been more like a bear flag with the a.m. decline being the pole and the afternoon trade being the flag that trades away from the morning trend in a sort of parallelogram.