Monday, November 15, 2010

3C Update

 DIA 5 min is pretty close to a leading negative divergence.

 SPY 1 min is in a leading negative divergence.

SPY 5 min is also approaching a leading negative divergence.

NFLX may be a false breakout, which would be very interesting. The downside volume has picked up, but that can sometimes lead to a short term bottom, we'll have to see what happens here, but it's nearly a bellwether to watch.

No comments: