Friday, May 6, 2011

Market Update

Sorry for the blackout, I have a bad feed on TC with a bunch of ticks missing so I had to set up my layout in SF, the scaling may look a little different, but it has no bearing on the information. You can click on the charts for an expanded view.

 The DIA negative on the 1 min with a slight leading negative divergence.

 DIA 5 min showing the same.

 The QQQ with a sharp negative divergence @ the intraday highs, also a slight negative leading divergence right now.

SPY, also with a sharp negative divergence at the intraday highs and a slight leading negative divergence.

I'll be updating silver and others next.

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