Opening Indications

These are just 1 min charts and very early, mostly retail orders and after yesterday's price move, I'd expect to see some retail sell orders on the open-Fear is more powerful then greed.

The DIA is slightly negative, but more or less in line.

The IWM is also slightly negative

The QQQQ looks a lot like the IWM-remember the P/V post, the Q's and IM were the same.

The SPY is where I'd expect it after yesterday afternoon's continual 3C slide to the downside. The gap up is not confirmed.

OK, so remember these are not the pro's taking positions this early, just taking the other side of retail orders until they can smoke them out. So don't take this too serious yet.