Chart Request-Full QQQ Timeframes

There are a lot of charts here, the longer the timeframe, the more serious the trend, but often the further out the trend.

 QQQ 1 min, I don't think this is weakness yet in the 1 min trend.

 QQQ 2 min leading positive divergence since well before the intraday lows.

 The 3 min chart, also with a positive divergence well before the lows, in other words, this was a set up cycle. There may be a bit of very recent weakness in this timeframe or more appropriately, the 2 min strength didn't make it all the way through the 3 min chart.

I find the GS long rec'd today to be very interesting with the short term intraday positive divergences today.

 5 min leading negative divergence, this is where the timeframes get more informative as to underlying action.

 The 15 min chart, the last peak didn't have as long of a negative divergence and not as deep in leading negative territory.

 As the charts get longer, the divergences look very small, but they are about the right size, the smallest was 2 days which is short, but not that uncommon. This is where the 30 min is leading negative at a VERY deep low, take a look at the price pattern...

The price pattern on the daily is a bar flag, if you recall the "short term trend" (which is longer or more serious than what we have seen the last 6 or 7 days) expectations were for a move BELOW the bear flag to most likely set a bear trap, with all of that 30 min weakness, the timeframe is about right for a move of that caliber and the position of price is about right, the rough idea for the target is the red box.

 The longer 60 min trend shows what has roughly been "in line" or confirmation since the Q's went positive to the far left, however the last two reaction highs to resistance of the bear flag have been in deep leading negative territory.

 The 4 hour chart shows confirmation to the far left (green arrow), negative divergences at the top that don't look that big, but are around a month long, the June lows/positive divergence and in the same area as mentioned above, a leading negative divergence which provides pretty good confirmation.

The daily chart has the biggest accumulation area at the 2009 lows, it went pretty negative at the end of QE1 in 2010 and then the sharp negative divergence in July of 2011 sending the market down about 20% very quickly, the leading negative divergence now is the worst on the chart since 2009.

Finally the 5 day chart showing the 2000 tech bubble, the 2007 negative divergence/market top and what has turned out to be an even worse negative divergence lately, which is not surprising being the market was levitated by means of monetary policy rather than real demand.