Early Opening Indications

Very Early Opening Indications are off to a weak start, even in ES. EUR/USD is slightly down from the open, but as seen in my first post, the FX pair had little effect on the overnight ES trend as EUR/USD was very choppy while ES was very linear.

 The DIA 1 min could have caught up with price for confirmation, interestingly it has gone the other way completely thus far.

 The overall trend in 3C makes sense on this IWM hart as it is showing distribution which almost always occurs in to either rising prices or most commonly in stable trading ranges as seen above.

 The Q's have also moved lower rather then up.

 As has the SPY.

Now that volume is in the ES market on the 9:30 open, there's a relative negative divergence in place that has started one of the stronger pullbacks we have seen throughout the entire night.