Another Example

This actually is not only a good example, but it may very well provide us with the opportunity to let the trades come to us today on a high probability basis, check out the QQQ  charts below

 QQQ 1 min is showing an intraday positive divergence, this would continue the choppy, but volatile trade I mentioned in the last post.


 QQQ 3 min chart-Still an intraday timeframe for intraday moves, a slight leading positive divergence, this suggests the volatility and chop (an upside move here) continues.

However, at 5 min we get in to more serious charts showing larger institutional activity, today the leading negative divergence is even worse, if this continues, we can hopefully short some names on an upswing as the larger institutional activity continues to show strong distribution.