Monday, November 26, 2012

NASDAQ FUTURES UPDATE

The NASDAQ futures are hitting a new level of ugly, hopefully that will work well for the AAPL puts.


While it's still early in the overnight session, the NQ futures started out a bit ugly, bad enough for me to publish the chart. Now we have a negative leading divergence hitting new lows below the 9:30 market open, that's a substantial negative divergence. Hopefully this holds up overnight as it would fall in line with expectations for weakness early in the week.

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