QQQQ 1 min relative negative divergence
SPY 1 min both relative and leading negative 1 min divergences
FAZ 1 min leading positive divergence.
The fall in SPY, QQQQ and DIA does not seem correlated to the USD as it is heading up in a bear flag.
We still have nearly 30 mins though, we may see a late day surge in buying trying to front run tomorrow's POMO.
2 comments:
Does anyone believe we are going to get a selloff anytime soon? Just wondering, as the GM IPO is next week.
Disney released early sending market lower:
http://www.zerohedge.com/article/disney-releases-earnings-early-misses-stuns-robochurners-sends-market-lower
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