Market Update

I think in the last post I made the trend expectations pretty clear, feel free to email me if you didn't understand something and don't worry, it's a complicated subject.

As to today's intraday pullback, as you know the 10 min positive in the QQQ makes me believe that whatever intraday pullbacks we get, they will not last too long as the Q's still look set to try to make that move higher above resistance before they snap lower.

As for market averages for intraday signals, the DIA is giving an intraday positive and ES is as well, most of the others are in line or lagging a bit, but that DIA signal may be enough.

I think the trend table explained in the last post is the most important information though.