There are Lot of Stocks moving up with Divergences

I monitor a pile of stocks to see whats going on under the hood.

While I have chosen Intel for the example - a lot big names look like this.

We all know that Jackson Hole is Friday - I'm not sure how anyone can think it will bullish meeting.

While the Fed is buying bonds the continues - the reverse repo is actually taking more money out of the system - this is a fact. DM me if you want to more.

Right now volatility is being pushed down making options cheaper - so this is the quiet before the storm.

As you can see in this chart - they are holding up INTC

With SPX at 4500 - whats the upside?

I don't think this is summer doldrums - its a setup, in this case to the downside.

Looking at the /ES there are single prints down around 4455 - this needs to be cleaned up - all this price action 50 points higher is based on a push up on one 5 minute candle.

The /NQ has left a VPOC at 15066 - this will be returned to.

Todays move is with divergence on the YM(DOW) and ES (SPX) - pushing all these stocks up while crushing vol with divergence.

Both the 6J (Yen) and ZB (Bonds) sold off today - those getting long thinking there is negative news - too soon. These have been reset for a move higher.