Market Update

If you read Friday's post/s and/or last night's, then everything is proceeding along as expected.

 Remember last night I said a lot of the averages didn't have any positive divegrences yet and it would take some sideways/lateral trade to six that, this is the first indication of that in the SPY as it goes positive 1 min (where it always starts) and it should be choppy lateral.

I said the IWM got a little head start, it got whipped the most Friday so it will likely have the widest/choppy lateral range, a real meat grinder to try to trade.

If I'm correct and we did predict this behavior Friday and got evidence of it last night and confirmation this morning, THEN IT SHOULD BE A PRETTY BORING COUPLE OF DAYS OF TRADE ON THE WHOLE, BUT AFTER THAT OPPORTUNITIES SHOULD START PRESENTING THEMSELVES IN BULK.