MARKET UPDATE

This is a little like watching paint dry. In any case, the last we saw the SPY looked like it was going to head above the triangle, it seems to have gotten bogged down, there's some more deterioration in the IWM as well and all intraday Index futures are running negative divergences too.

 SPY 2 min is perfectly in line, no positive or negative, but new divergences start on the earliest timeframes, even intraday.

The SPY 1 min is seeing some deterioration, I wouldn't call this a smoking gun, but just to keep you up with what's happening or how little is happening.

 QQQ 2 min looks roughly the same, seeing a little dump.

This is the IWM 5 min I pointed out earlier...

The 3 min chart is joining it in that deterioration as well.

As I said, on an intraday basis, all index futures are running in the negative as well.