S&P 500 - September 8, 2010 - Intraday

We have had a nice bounce after the gap fill.

I see RSI divergences on 60-min, 10-min, and 5-min.

Something doesn't feel right and perhaps market needs to blow off some steam

I am thinking maybe hedges should go back on for long positions.

No change for my levels 1085-1090 and 1065-1070 for now.