Thursday, October 20, 2011

Market Update

There's a chance of an intraday bounce, this is the start of a small positive divergence, it may get larger or it may disappear, it's just starting on the DIA/SPY.

As you will see, it's only on the 1 min charts so far, not the 2 min and is not on the QQQ yet.

 DIA 1 min

 DIA 2 min

 SPY 1 min

SPY 2 min

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