Quick MArket Update, IWM looking especially weak intraday

This is likely because the IWM has the best percentage gain, thus something to distribute in to. In any case, intraday the IWM looks like it's going to weakness and see some downside which hasn't been unusual over the last several days for one average to close red and others to close green.

The overall trend should still present as a lateral/rounding reversal process carrying over from last week.

The Index futures.

 ES intraday is mostly in line, a little sloppy and this may change in a bit.

 NQ/NASDAQ futures are also in line intraday, so I'm not expecting any imminent movement contradicting this morning's gap up as of yet. However...

 TF is leading negative unlike the other averages and there's confirmation in IWM.

IWM intraday leading negative.

The NYSE TICK trend remains the same on the day, nothing up or down, just lateral across , a micro-view of the macro stage, the lateral/choppy reversal process.