Early Update

You know I don't like relying on early morning forecasts, but as I said and showed you in last night's post, the Q's were the strongest, they remain so this morning, but there's some negative divergences right off the opening move.

Also recall last night the Price Volume relationship and the possibility it hit a 1-day oversold condition.

 DIA

QQQQ

You can see the positive divergence from yesterday in the Q's, and the negative divergences this morning in the SPY and the DIA, this is exactly what  3C was signaling last night, the NASDAQ would outperform in the early going.