OPENING INDICATIONS

Amazingly, even after 4 days, the intraday opening indications are RIGHT ON! I'll use the DIA/DOW as an example of what I think is probably early weakness intraday, maybe a gap fill and then the larger trend.

 DIA 1 min saw a positive divergence around noon Friday and moved up with 3C in near perfect price/trend confirmation, the opening this morning carried that on with perfect confirmation.


 A little further out the 5 min chart has an intraday negative divergence so I think we could see a gap fill or some softness earlier in the day based on this, however...

 Scale out the same 5 min chart and it shows the leading negative divergence from the highs of the 17th/18th and the leading positive divergence of last week, this is the bigger picture.

 IWM 1 min with a positive divergence Friday at noon, a small negative and a small positive and this morning's open in perfect confirmation.

 The QQQ, like AAPL with a late afternoon negative 1 min divergence as it follows AAPL and this morning total confirmation/in line, this will change when AAPL changes.

The SPY was the only that didn't have opening confirmation, but since it has fell in to perfect confirmation, it's amazing after 4 days that price ends up almost exactly where it should be based on the intraday signals from Friday.