This is when intraday charts can bounce around as much as they like, but it's pretty hard to overcome a 15/30 min leading divergence that forms in a single day.
Friday, December 2, 2011
It's not a good sign when...
15 and 30 min charts start leading negative in a single day.
DIA 30 did a lot of leading negative for a day and a half, these charts take time to move.
Look at the IWM 15 min
And the QQQ 15 min
As well as the SPY 15 min.
This is when intraday charts can bounce around as much as they like, but it's pretty hard to overcome a 15/30 min leading divergence that forms in a single day.
This is when intraday charts can bounce around as much as they like, but it's pretty hard to overcome a 15/30 min leading divergence that forms in a single day.
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