USD/JPY is going negative here, it wasn't at pre-market/open.
$USDX is in line, but...
The Yen is showing a stronger positive divegrence.
I doubt EUR/USD moves too much intraday as the Euro looks like this...
pretty much in line so if it moves, it's likely on $USD movement.
VIX futures which saw the 60 min chart shoot up to a new leading positive high today are in confirmation.
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The TICK, even on the parabolic move or a countertrend intraday swing still can't pierce the +750 level. Tick is the number of all advancing NYSE stocks less declining ones so a downtrend while the market is moving up means more stocks are selling off consistently while the market is moving up, I have a lot of breadth/internals work to do tonight. HOWEVER THE PUNCH TO -1650 LEVELS IS NOT GOOD, IN FACT IT IS ADDING TO THE PROBLEMS WITH TICK FOR THE MARKET TODAY.
This is why I suspect more intraday volatility, the SPY with a positive divegrence intraday, it's still a small one and may just be the bounce right now, but I suspect it is something else.
The Q's with the same 1 min positive
IWM is closer to in line
And DIA has a small positive.
I meant it earlier about volatility, today has been and looks like it will continue to be quite crazy, but volatility at stage 3 is almost always a transition to stage 4 decline
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