6th Pump... Dump?

This is the 6th day in a row of overnight carry trade driven levitation (the pump) and on the open, even more so...

ES pumped overnight, even more on the open.

The last 5 consecutive days have seen a dump shortly after the pump either pre-market or just after the open... Is today different? We were seeing some things yesterday so I'd think it is, it's also an op-ex Friday so this may be the max-pain pin for the weeklies.

In any case, so far we have what looks to be a little loss of upside momentum coming up, but we have good confirmation of the move up this morning across all the averages.

 IWM 1 min with a VERY slight negative, it may slow momentum to a more lateral pace.

However at 2 min, we have confirmation all the way around, we haven't had that the past 5 previous days.

QQQ 2 min confirmation

SPY confirmation.

Both GLD and GDX are up and looking decent so far, there looks to have been a little head fake in GLD, this is why I kept reiterating GLD and GDX long the last 2 days.

SO FAR, VXX is doing what I wanted to see for the past several weeks, it's down, but more importantly there are already hints of accumulation starting there, that's what we need for a real, serious market pivot to the downside, but that is unlikely to happen today and certainly not before the op-ex pin is lifted around 2 p.m.

More in a few minutes as trade data is coming in and looking good thus far.