Market Update

I'm having a lot of trouble even getting an order in, I just got the first part of an AAPL, but the point of this post is that initial emotion may be giving way here to something the market can build off to gain a toe-hold for that bounce.

 Yen 1 min strength has kept pressure on the market

It has kept pressure on the market by keeping pressure on the USD/JPY above, but there's a positive divegrence and the Yen isn't confirming this second run up since 7 a.m.

 TICK is moving toward neutral from below -1000

While some averages are lagging, the SPY is showing first signs of some upside hope.

The Q's are the worst, they are in line with price, the IWM has built a positive like the SPY above and the DIA has as well, I told you last night and showed you during market yesterday that any bounce was going to be sloppy as charts weren't going positive until  3 to 5 mins with the 1, 2 and often 3 min looking very sloppy , so it was obvious there was some short term work to be done before any possibility, but I think we are making some progress now