Market Update

It looks like the earlier TF intraday chart that was starting to go negative is seeing more confirmation.

I want to be careful with intraday charts until after the close as there's about 2 hours of information missing from this morning until the close when it is filled in, but so far the intraday QQQ, IWM and SPY (1 min which I can use as enough time has passed to give a clean trend) are negative.

I'm checking on some of the more important risk assets like credit, rates and especially the QE sensitive assets.

I'll have another update and if it looks like the coast is clear or safe enough for a position, we'll look at those, but I don't want to get caught in positions in price chop.