Intraday Market Tone Weak

If anything being the last day of the quarter, this is where and when they (smart money) want to push the market to a new high no matter what happens tomorrow, like returning 1/3 of a trillion in collateral to the F_E_D so Financial companys' books and financial position look a lot stronger than they are.

Rather tone has been very weak today, here are a few quick examples, as far as I can see, they'll need a VIX smash to move this market beyond mixed gains and losses no better than 0.28% (IWM).

 DIA intraday with continuing weak tone, now worse than ever in the flag area which it can't even duplicate.

DIA 2 min

DIA 5 min seeing some stronger intraday action in the afternoon

IWM 1 min, I didn't enter SRTY because of what might happen at the close, I'm not worried about SRTY with regard to what might happen at the close, I entered or filled out SRTY because of what might happen as the quarter ends tomorrow morning.

SRTY=3x short IWM/Russell 2000

 IWM 2 min with continued weak tone that has grown worse in this 2-3 day flag area.

The Q's were in line for the first 2 days and started to show cracks Friday, that has grown worse today.

QQQ 2 min shows a little better how the deterioration has taken shape since Friday.

SPY with more 5 min intraday weak trade.

The TICK has been very mellow today, especially considering the last day of Window dressing, but the trend that has been in place today looks to be weakening.

SRTY intraday changes

 SRTY 2 min, this is after I put out the last SRTY trade mention.

SRTY also seeing some heavier 5 min intraday positive trade, opposite the averages.

 The recent 15 min chart and what would be natural accumulation areas with leading positive divergences.

And some very sharp 60 min positive action in SRTY. I like this as it covers a pretty broad range of asets from small caps to tech and the general economy as a whole which is looking to become more and more problematic, perhaps even a recession.