As you can see the early divergences have already halted the upside trend, it will take a little longer for a trend to settle in. I'd look for a trading range first.
Thursday, December 2, 2010
It 's a little early for an update
as morning trade is not the most reliable indication, at least until it settles in, but here are the charts right now...
DIA 1 min leading negative
QQQQ 1 min close to a leading negative, but negative
SPY 1 min
As you can see the early divergences have already halted the upside trend, it will take a little longer for a trend to settle in. I'd look for a trading range first.
As you can see the early divergences have already halted the upside trend, it will take a little longer for a trend to settle in. I'd look for a trading range first.
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