Monday, September 16, 2013

SPY Update

Here's an example of what was seen earlier, I didn't put the SPY Arbitrage together until looking at Leading Indicators, I was more focussed on the USd/JPY as a possible engine.

 SPY 1 min intraday positive forming, as mentioned over an hour ago.

However nothing longer to support that divergence as seen on the 2 min and considering the size of the move last night, a 5 min chart "could " have easily confirmed it if it were not being sold in to, that's not the case.

Today is nothing but worse for the SPY 5 min.

I'm not adding more timeframes because I already updated the entire SPY timeframes earlier today

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