SPY/Market Update

The market doesn't like something because the $USD nor the Yen moved very much, for that matter neither did the USD/JPY, perhaps it's because they have not moved, but the intraday 3C charts sure have moved quite a bit.

We may see the Yen start to fall soon and interrupt this draft down, if so, get ready for some real volatility. Since the market is moving so fast, I just captured the SPY charts.

 Intraday 1 min is in line with SPY downside

 However, note how much leading negative action there was today in the SPY 2 min

It can be seen migrating through the 3 min charts here as well

And even though we've had a negative divegrence migrating through the 5 min chart, there's additional migration from today specifically, but very fast.

 The 15 min chart is where the migration was at this morning, it has obviously added to that today as we'd expect...

And the cycle charts are already in position for a move lower.

I have quite a few things to check out.