Friday, October 26, 2012

ES/NQ Futures

The S&P and NASDAQ E-mini futures

I can't see how we don't get upside movement off these positive divergences.

 ES 1 min in line

 ES 5 min positive, especially in to the dip overnight and today

 ES 15 min leading positive

ES 60 min from last week's negative to this week's range and relative positive to a leading positive divergence

 NQ 1 min in leading positive position intraday

 NQ 5 min with a relative positive divergence at the end of the overnight lows.

 NQ 15 min leading positive divergence as well as a relative positive at the end of the overnight lows.

The 60 min NQ chart since last week's negative with this week's range and an increasingly positive divergence, especially at the overnight lows.

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