As it takes some time to capture, upload and post all of those charts for the opening indications, I went back and took a look at the intraday timeframes, the QQQ and IWM still look the worst on an intraday basis, the SPY and DIA are not showing anything interesting, no strong positive or negative divergences and the market looks set to drift in a morning range, with the exception of the QQQ/IWM as mentioned, they do have a clear negative divergence on the shorter intraday timeframes.
For now, I don't see any reason to change the view from Friday that we will see some backing and filling today of Friday's gap up.
5 years ago
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