I like to see this, the S&P futures 3C signal has been accurate for them, the NASDAQ futures 3C signal has been accurate for it, the QQQ is saw a negative divergence and fell, guess why... AAPL. There are some initial intraday signs AAPL is going to make an intraday move up as the 1 min is now positive and moving toward the 2 min chart. As I mentioned last night, I did think AAPL would see some weakness, but Ido not think it's done with its move ultimately and where I'd like to re-enter the short position that was closed.
On the other hand, 3C was negative on the NASDAQ futures and they have fallen below the pre-NFP levels.
Here's the intraday dip in the QQQ, you may recall the negative divergence intraday at the intraday highs for the QQ before they fell.
Here's the QQQ 1 min relative (weaker divergence) positive divergence.
The 2 min chart is starting to move toward a relative positive as well with AAPL, I do wonder though if this 3 min chart will be able to go positive, if not then I'd probably be looking at a quick TECS trade.
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