Market Update-Interesting

This looks like the bifurcation of the market I have theorized about and showed some charts last night, in this case I'm looking specifically at the QQQ and the NASDAQ futures and the SPY and ES futures.

 QQQ 2 min leading positive

 QQQ 5 min leading positive

 NASDAQ futures 1 min leading positive

 SPY 2 min in line, no divergence, no positive divergence.

 SPY 5 min also no real positive divergence.

 ES -S&P Futures 1 min also no positive divergence.

Naturally I checked AAPL for the NASDAQ...

 There's some 2 min strength starting, but not like the QQQ's already.

 As you'd expect based on the 2 min chart there's nothing on the 5 min chart.

*The QQQ10 min chart is where that divergence ends, but the faster timeframes are much different than the SPY and even AAPL.

I checked on Financials for the S&P.

 XLF 2 min is in line-note the head fake move in yellow.

XLF 5 minis a little worse than in line.

This is what I was talking about last night, I would like to see, "If the NASDAQ moves up, will the SPY draft the move as markets typically move together?" If the SPY did draft the QQQ on a move higher and remained negative, it would be a quick short set up worth taking a look at, a very quick trade.