With the negative divergences still intact & 4 of the 5 FAAMGs yet to report, the suggested stop on SPY will be suspended today as well.

SPY 60m 2 April 29th

SPY 60m 2 April 29th

QQQ continues to pinch higher within the rising wedge pattern as the divergences continue to build & a sell signal to come on a solid break below the 60-minute uptrend lines on both QQQ & SPY.

QQQ 60m 2 April 29th

QQQ 60m 2 April 29th

/ES still backtesting this minor TL from below with the negative divergences still intact.

ES 60m 2 April 29th

ES 60m 2 April 29th

The Broadening Wedge pattern now has a 3rd tag of the upper TL with a sell signal to come on a break below this blue trendline.

NQ 60m 2 April 29th

NQ 60m 2 April 29th