Thursday, February 2, 2012

SPY Rolling

The S&P is rolling over a bit faster then the Euro here, although we are just exiting morning trade. ES is also negative here.

 Early trade, 1 min early positive divergence and a relative, then leading negative .

 Yesterday's late day sell-off shows confirmation, the 2 min chart hasn't confirmed the small bounce this a.m.

The 5 min has been deteriorating since mid day yesterday.

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