As you'll see the 1 min short term chart are showing some negative divergences, but the longer 5-10 min chart have shown improvement today, the longer charts being more important.
Monday, August 22, 2011
Market Update
It looks like the normal intraday jiggles.
As you'll see the 1 min short term chart are showing some negative divergences, but the longer 5-10 min chart have shown improvement today, the longer charts being more important.
DIA 1 min
DIA 10 min
QQQ 1 min
QQQ 5 min
SPY 1 min
SPY 10 min.
As you'll see the 1 min short term chart are showing some negative divergences, but the longer 5-10 min chart have shown improvement today, the longer charts being more important.
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