These are the 1 min charts for the DIA, QQQ and SPY.
As suggested in the last post, they were trying to find some footing/support and the SPY/DIA have done so. The Q's continue to look the worst because technology and specifically semi-conductors haven't been able to find any footing where as energy and financials have.
We'll have to wait to see if these divergences lead and migrate to the 5 min chart to determine if we have more then a temporary consolidation or a short term bottom.
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