Tuesday, July 10, 2012

The DIA and QQQ showing the same...

 DIA in line same as the SPY

 The DIA 2 min is inline

 The 3 min is relative positive

 as is the 5 min

 Like the SPY 15 min, the 30 min is leading negative

 QQQ 1 min is inline like the others

 However the 2 min is still in positive position

 As is the 3 min

 And the 5 min

The 30 min which is a much more important longer term trend, is leading negative like the DIA/SPY.

This is the noise that I'm trying to figure out, is it just noise or is there something going on in the underlying trade?

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