Market Update

She's starting to turn, this was expected, there are a lot of support zones that look like little mini H&S tops that were broken so no surprise that they'll try to shake them out so that lateral or sideways trade I expected to develop as of the last market update is doing so with a positive intraday divergence.

I would NOT try to trade this on the upside, but let it set up some shorts that come to you, we'll identify those.

So far this is a really nice start to the week, picking right up where we left off last week/Friday.

 Intraday SPY 1 and 2 min (above and below) aS WELL AS PRICE LOSING IT DOWNSIDE AND TURNING LATERAL FOR A MINI INTRADAY BASE.

This is still about patience.