Friday, December 7, 2012

Futures Update

I was just putting together a post showing the futures for the SPX and NDX and some REALLY myopic positive divergences that are enough for a short term move, but within a larger negative deterioration that I have ben watching for yesterday and today. I was going to show you how these small divergences can all add up to a larger divergence (accrual of a divergence), but I won't have to because in the time I was capturing,  uploading and labeling the charts, the futures market started moving and the divergences became Very apparent, no myopic postings.

I will say it's interesting that the futures on a min timeframe which would be like  market maker or even HFTs shows a long positive divergence right in to the release of the NFP pre-market that sent futures spiking up. The government has already admitted that the NFP is leaked "Giving some an unfair advantage" in their words! So the government is building a new media room as all of these reports-even FED policy are all released ahead of time to the media on an embargoed status, but if you were a errand boy at CNBC and knew someone from Goldman Sachs and REALLY wanted a job there, it wouldn't be that hard to get the number out before it is announced.

This is why the new government facility will be a secure location and reporters will only be able to use government computers that are locked down so the NFP is no longer leaked. This isn't me telling you it's true and we can see it today, this is the government telling you it's true!

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