Wednesday, July 18, 2012

ES Divergence is getting worse

3C for ES is moving lower, close to a new leading negative low for the regular hours session.

The QQQ/IWM 1 min are also starting to get ugly on the 1 min timeframe, the longer timeframes such as 2, 3, 5, and some 15 min haven't been supportive at all today.


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