Wednesday, August 14, 2013

Final Market Update

If I had to guess, I would say the same signals in the afternoon that have proven so reliable for a.m. trade & afternoon trade every day of the last week, while not as clean and clear as the signals from the last week, suggest some early strength in the SPY, the IWM likely; while some early weakness in the QQQ and Tech generally.

 IWM change in character for EOD / afternoon trade 1 min

IWM 2 min

IWM 5 min still isn't quite there.

SPY 2 min positive change

SPY 5 min positive




 FAS/Financial 1 min positive in to the afternoon

FAS 2 min the same

XLF/financial 5 min positive


QQQ 1 min negative

QQQ 3 min negative

QQQ 5 min negative



 TECH 2 min negative

tech 3 min neg.

Tech 5 min neg

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