10:23. XLF finally made the new high that I had been looking for for nearly a month! Ok. It is going up on negative divergence. The wave count looks almost complete. The Market Makers are buying bonds – GOVT – and the corrective pattern on bonds looks done, while the indexes are making new highs on negative divergence with a completing five elliot wave pattern. It could have a little more to go as the wave 5 seems really short in proportion to the other waves. Interesting juncture here.

The QQQ poking its head above the upper channel line too. Interesting to see what happens.