Thursday, December 16, 2010

Strategic/Tactical

In this case, the DIA and QQQQ are up, although there underlying activity on the 1 min chart is not confirming, so they are up on negative divergences and the 15 min charts show the longer term perspective. This is especially where I want to position myself.

 DIA 1

 DIA 15

 QQQQ 1

 QQQQ 15

 SPY 1

SPY 15

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