Monday, October 29, 2012

ES Update

Only about 7 minutes left, the ES Futures exchange "may" open at 6 pm tonight, the US markets themselves (NYSE/NASDAQ) "may" be closed tomorrow, we should hear earlier today than yesterday.

ES did show the first positive 3C divergence since it opened last night just this morning, which it has reacted to.

 Friday's close with a negative divergence, in green the European open... cont...

The EU open and at 7:30 a positive divergence with the market heading higher, moving about 6 points away from Friday's 4  pm close.

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