Opening Indications and then some

Here are quite a few charts covering the opening, the degree to which the averages are positive, currencies, Treasuries, AAPL, PCLN, etc.

The Averages

 The DIA 1 min chart is in a leading positive divergence from Friday afternoon.

 The extent so far of the DIA positive divergence is out to the 10 min chart.

 IWM 2 min chart mostly leading from Friday afternoon, but some positive divergence starting even before then, this would suggest a move higher than where the divergence first started.


 The extent of the positive divergence, at least clearly is to the 5 min chart so far, we want to see these continue to build.

 QQQ 1 min positive is somewhat similar to the IWM with the leading positive coming in Friday.

 The extent so far is to the 10 min chart.

 SPY 2 min with the largest part of the divergence leading Friday afternoon

The extent clearly is to the 5 min chart, note that the Tech heavy QQQ has a larger divergence than the Financial heavy SPX.

 The $AUD/FXA has a 2 min leading positive divergence, this is good near term for a leading currency/indication.

 The extent so far is to the 5 min chart, although this can change quickly, even by the time this post is done.

 The Euro had a large 1 min positive leading divergence Friday, this morning's move in the Euro isn't surprising.

 The extent is out to the 15 min chart which is interesting and fairly strong this quick.

 Treasuries (TLT negative Friday afternoon-these are the flight to safety trade. It seems money is coming out of treasuries and moving to risk assets.

The extent thus far is only to the 5 min chart.

 AAPL intraday was leading strongly late Friday, this morning's move isn't a big surprise.

 The extent is to the 10 min chart, AAPL will need to see the positive divergence move further out to really have a shot at a bigger, longer lasting move.


 PCLN was covered Friday at a profit on this 3 min leading positive and it is doing well this morning.

 The extent is out to the 10 min chart, the same applies here as for AAPL.

 I found the 5 min chart interesting and am eager to see how it effects longer timeframes.

 Energy on the open had an intraday negative divergence.

 The leading positive is out to 3 min thus far.

 Financials are out to 3 min so far.

Tech is out to 5 min so far, leading both Energy and Financials.

Again, it's a good start.