Monday, March 19, 2012

Quick Market Update

 DIA 1 min , 3C is showing a loss of momentum on an early negative divergence, the DIA looks like it wants to roll.

 The QQQ also have a 1 min negative and have turned lateral.

 The SPY, note it was largely in line today when I mentioned earlier the market seemed cautious.

The NYSE TICK data shows a nice TICK move > +1000 and now lower at +416 also losing momentum

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