Intraday Futures

I'm not sure if these are telling us we have more time as originally expected (and the reason for more time is a stronger VXX / UVXY positive divergence , a clearer picture of a market pivot/reversal point and time to allow new positions to form to get the best entry at the pivot with the least risk) or if this is maybe the "W" process in VXX being put together as mentioned just a few minutes ago, the market would need to bounce intraday to do that.

 ES futures (SPX) seeing highs distributed this morning, but we do have some positives at the lows, remember, these are only 1 min intraday charts.

 NQ/NASDAQ 100 futures are also seeing positive divergences in futures at the lows, again this is what would be needed for the VXX to form a wider "W" reversal process.

 And the same in TF or R2K Futures., the lows have a positive divergence that should send the market averages up off these lows allowing VXX to widen out that reversal process which is a much better scenario.

However, at the same time the VIX Futures (the real ones, not derivatives or spot) are seeing positive divergences like we wanted to see, like we started to see earlier in a natural process, it has just accelerated.

The point I'm making is that it is accumulating as we wanted to see regardless of what the market is doing as they usually have an inverse relationship so this is what we expected to see late Friday when looking at the charts and since then.