I'd call this a market update, but I think the title above is more appropriate.
It seems to be pretty clear that there's some element pushing for the green form 2015 theme that was given up yesterday, but as we make that happen this morning, there are some strange looking charts...
QQQ 1 min
QQQ 3 min recent trend in to today's highs.
And the 5 min that has been in negative position.
and Index futures intraday are going negative on their charts...NQ 1 min
The SPY has a strange look to it
The IWM is seeing a deepening leading negative divergence that I've been watching and maybe strangest of all...
Look at the NYSE TCIK, I would not have expected such a flat, tight range in intraday breadth.
Something looks awfully staged or mechanical here.
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