The Other Averages

The other averages are looking very similar to the SPY...

 DIA 5 min negative divergence

 DIA 15 min negative divergence

 DJ-20 15 min negative divergence.

 IWM 5 min negative divergence

 The IWM 15 min is still largely in line with price except for a minor negative divergence yesterday

 QQQ 5 min negative divergence

QQQ 15 mn negative divergence.


There are a number of (long) Short and Ultrashort ETFs for the averages.

A Few that come to mind include SPXU, QID, SQQQ, SDOW, TWM, SKF and FAZ (financials).