Wednesday, October 20, 2010

Update

 DIA 1 min

 DIA 5 min

 QQQQ 1 min

 QQQQ 5 min

 SPY 1 min

SPY 5 min

It looks like we are seeing the possibility of some 5 min negative divergences starting (these are the first signs of such and very early) , I'd expect an intraday reversal off that kind of a divergence.  So we'll see if they develop further and change the intraday uptrend.

2 comments:

Anonymous said...

Now we are just about back to Monday's close!

Quality Stocks said...

Yep we sure are....