Monday, November 7, 2011

Intraday bounce

 DIA 1 min

 DIA 2 min shows some signs of a positive divergence

 QQQ 1 min has a leading positive

 As does the 2 min, the Q's look the strongest.

 QQQ 5 min is in line, no divergence

 SPY 1 min positive divergence

SPY 2 min is inline looking the worst of the 3.

The sooner the move starts, the smaller it will be, if it keeps accumulating the larger it will be. Still it's only on intraday timeframes.

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