MArket Update

Now I'm seeing some confirmation. These are the charts for the DIA, QQQ and SPY in 1, 5, 10 and 15 minute format. I'm getting the same impression as I got with BAC, there's positive divergences, but short in nature.

 DIA with a slight negative  1 min

 DIA 5 min in confirmation

 DIA 10 min in confirmation

DIA 15 min in confirmation

 QQQ slight negative

 5 min QQQ a little stronger then confirmation

 QQQ 10 min negative

 QQQ 15 mi negative

 SPY 1 min negative

 5 min in slightly better then confirmation

 Positive SPY 10 min divergence today

SPY 15 min positive divergence today.

Again, these aren't huge positions and suggest perhaps some early strength in the a.m. Jobs data is out as well tomorrow so that could be a bit of a wild card after today's strange number.