It's still relatively early in the day to be predicting the close, but this action doesn't look very good in the averages.
DIA out to 5 min leading negative
15 min is even not quite at confirmation.
The 30 min chart is. I have to wonder if this is just some near term pullback or if we keep moving through the timeframes with this negative stance on the shorter timeframes.
QQQ 5 min leading negative pretty bad for half a day of trade.
The 30 min chart is still in line.
SPY 3 min leading negative
The 10 min chart is almost in line, a little weakness on that last move up intraday
No comments:
Post a Comment