I should have posted this with the triangle post, since we know that triangles, especially noticeable ones like we are seeing market wide almost always get head faked... The only question is how long is the head fake out of the triangle? Intraday? Closing?
DIA 1 min out of the triangle...
DIA 5 min leading negative
DIA 10 min leading negative
DIA 15 min leading negative
QQQ 5 min intraday positive divergence...
QQQ 10 min leading negative
QQQ 15 min leading negative
SPY 5 min intraday slight positive
SPY 10 min leading negative
SPY 15 min leading negative...
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