I'm not voiding a market update and have not forgotten about it, it is just there are no strong intraday (note the use of the word "intraday" ) signals that are useful either way right now.
DIA 1 min saw a negative divergence on the opening highs, since then it has been pretty much in line with trade.
The 2 min chart showed the same opening negative divergence, it is in a leading negative position, but hasn't made any interesting moves like a new low on the day.
QQQ 1 min saw the same negative opening divergence and is trading with a negative bias in not confirming price action.
The 2 min chart is in line.
SPY 1 min is in line with trade.
The 2 min is in a leading negative position, but again, no interesting moves suggesting an edge to a trade at the moment.
AAPL is a little more interesting, that is coming next.
Futures Update BR-EXIT Edition
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So the conventional wisdom couldn't have been more wrong. Those chasing
risk and closing hedges couldn't be in a worse place right now. I would
still remin...
10 years ago







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