Thursday, September 29, 2011

Market Update

 DIA 1 min new leading positive divergence in to price lows.

 Sorry for the scaling, DIA 2 min also in a leading positive divergence

 So is the 5 min

 And more then I could ask for, the 10 min is leading

 IWM 5 min leading positive

 IWM 10 min leading positive

 And unbelievably, the 15 min goes leading positive in a single day on a pullback. I couldn't ask for or imagine this. So I have no problem buying here.

 QQQ 1 min leading positive

 5 min positive divergence

 SPY 1 min leading positive

 SPY 2 min positive divergence

 SPY 5 min leading positive

And again, on the 15 min chart. I really didn't expect to see this and certainly not in a single day.

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