Tuesday, August 9, 2011

Market Update

The short term charts are very difficult to get any read from as they are almost perfectly in line with trade, it's the intermediate term charts that seem to be providing support.

 DIA 1 min inline

 DIA 5 min inline

 DIA 30 min leading positive

 IWM 2 min inline

 IWM 15 min leading positive

 QQQ 1 min in line

 QQQ 15 min leading positive

 SPY 1 min not even in line

 SPY 5 min in line

SPY 10 min leading positive.

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