The SPY/DIA are both showing small 1 min negative divergences while the QQQ is trading in line with price. I'd say we're going to see an intaday pullback.
5 years ago
Monday, June 20, 2011
Pullback soon
Looking at financials, it seems we will see a small intraday pullback across the market.
FAS Financial Bull-1 min negative divergence
FAZ Financial Bear 1 min positive divergence.
The SPY/DIA are both showing small 1 min negative divergences while the QQQ is trading in line with price. I'd say we're going to see an intaday pullback.
The SPY/DIA are both showing small 1 min negative divergences while the QQQ is trading in line with price. I'd say we're going to see an intaday pullback.
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