There still hasn't been any confirmation of the gap up accept an attempt by the IWM which seemed to turn quickly, now it is losing ground on the 1 min chart quite quickly.
If there was a leak of something to come yesterday and that is why we saw the positive divegrence building intraday, it would make sense that they'd be selling the news, "Buy the rumor, sell the news". I really don't think something as big as this Russian policy reversal comes in a few hours overnight so there's a chance or even probability that Wall St. got wind of something coming today, thus yesterday's divergence and the reason they didn't let it fire off to the upside yesterday.
The IWM is seeing the most leading downside in 3C right now, if I'm at all close to being correct, than this would be the "Selling the news" aspect 3C is now showing.
The Q's still have not confirmed which they could have easily done on a 1 min chart by now.
The SPY has not confirmed either.
My SPy/TICK custom indicator shows more NYSE stocks are starting to tick down as the morning wears on.
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