EOD Market Update

The divergences (negative) that started late Friday and continued through today's market updates, still continue in nearly all of the averages and most of the Index futures in multiple timeframes.

Take a look, the DIA still looks to be the best relative performer. While some near term tactical planning will have to be revised, the major move we were looking for of distribution in to higher prices is definitely there, I don't think we are at the point though in which we want to start moving in to those just yet.

 DIA 1 min

DIA 2 min

DIA 5 min

IWM 1 min

IWM 2 min

IWM 3 min

IWM 5 min

IWM 10 min

QQQ 1 min

QQQ 2 min

QQQ 3 min

QQQ 5 min

QQQ 10 min

SPY 1 min

SPY 3 min

SPY 5 min

ES 1 min

ES 5 min

NQ 1 min

NQ 5 min

TF 1 min

TF 5 min