Market Update

This is just a quick look, but this week has been characterized by the pump ad dump, on a lot of these charts you can see clear increased divergences through this week.

Futures

 ES intraday

 NQ intraday

 TF intraday

 DIA 3 min P&D

DIA 5 min

IWM 3 min deteriorating more

IWM 5 min deterioration

QQQ 5 min P&D

QQQ 30 min cycle

SPY 1 min distribution on the pump, there are some timeframes still in line, no divergences, but in line.

SPY 2 min, again a clear round of distribution in to higher prices, otherwise known as pump and dump, 4 days in a row.