Market Update

The earlier concerns were somewhat alleviated for a short period as the market ramped away from yesterday's close, but in to distribution as it looks set to come back down, so now will be time to watch the signals for any additional deterioration.

 IWM intraday distribution in to the ramp...

QQQ distribution in to the ramp and coming down...

SPY distribution in to the ramp as well as all of the index futures.

This action is fine, it still remains well within the lateral trend of the reversal process near the top of said process.