Market Update

The QQQ has been the strongest today in all ways, price/3C so lets take a look.

 1 min 3C chart with some positive divergences that the q's have reacted to.

 However the 5 minute chart can't muster any better then confirmation...

Houston, we may have a problem... The 10 min chart is actually negatively divergent. This looks like a short term pump to me. If things were going to be good or great, why not accumulate? If the 10 min is leading negative, it suggests to me that strength in the Q's is being used to sell short into.