Notice the divergence on the 5 minute WWU (Wyckoff Wave Unweighted)

As you can see from the attached 5 minute line chart….As the WWU rallied early in the weak the Optimism-Pessimism Index lagged considerably.  This gave us a tool to be suspect of the rally, and allowed us to be short for Fridays selling.
We think this decline is in its early stages, but we definitely want to key off this high and press our short positions against it.
WWU 5 Minute June 10, 2016

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