ES Update-GLD Coming

Here's a quick look at ES intraday, I'll be updating GLD next as it is a sentiment indicator for QE from the F_E_D.

The earlier ES positive divergence; you see? This is the kind of clear signal that we often can only get when we have some movement in the market. For those using 3C, don't try to torture a signal out of the indicator, it should standout like this does without looking at it closely. Institutional money isn't ALWAYS active in every stock you look at when you look at it, these kinds of clear divergences are where you find high probability signals and trades.

Volume is surprisingly small thus far.

Average trade size was small in ES yesterday also, that kind of fits my feelings that institutional money is acting cautiously in front of two Central Bank meetings.