Monday, August 8, 2011

Market Update

As per the last update, what I expected to see happened exactly.
 DIA 1 min

 IWM 1 min

 IWM 2 min

 IWM 5 min

 QQQ 1 min

 QQQ 5 min

 SPY 1 min

SPY 5 min

I expected a test of the lows and a stronger 1 min divergence to build, this has transferred to the 5 min charts, we'll see what the market can do from here.

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