Tuesday, May 15, 2012

Quick Market Update

I'll get to emails soon, I just need to keep an eye on what' going on here today.

What I'm most interested in right now are the 15 min chart over the last 2 days.


 DIA has a strong positive divergence on this last move down.

 The ES chart is the only 1 min, as mentioned before I wanted to see a pullback and 3C build, the pullback came , 3C for ES held and didn't make a new low with price, it's moving up, I'd like to see it continue to move higher. The trend for the day looks good.

 IWM 15 min

 QQQ 15 min

SPY 15 min

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