Thursday, April 26, 2012

EARLY MARKET UPDATE

 Here's the late day positive divergence in the DIA, this one looks a little too parabolic this early in the day and there's a leading negative divergence in to the move.

 Yesterday's afternoon QQQ positive divergence, this one looks more reasonable and 3C seems to be confirming thus far-Large Caps rotating out maybe?

 SPY's positive divergence yesterday, this is a little sharp in the early price move, but not as bad as the DIA, it too, like the DIA, has a smaller negative divergence.

Overall it looks like a decent start.

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