Opening Indications

So far, pretty slow. You know how I feel about dull markets, "Their like the kids being a little too quiet in the next room over", but this is also an abbreviated day with ZERO in the way of US Economic Data.

Still, there is at least 1 or maybe two interesting opening indications, as it was last week, the DIA/Dow seems to be showing better underlying tone than the other averages and we see that this morning.

The Pre-market ES negative divergence kicked in and dropped ES about 4 points pretty much right on the open. There's a slight relative positive divergence in ES right now. NASDAQ Futures so far aren't showing anything of note, like most of the market , but not all.

These are all intraday 1 min charts

 DIA with a leading negative late Thursday that dropped the Dow Friday on the open and a leading positive divergence this morning.

 Here's a closer look at Friday through present with the leading positive divergence developing mostly this morning.

 The IWM went negative on the 1 min late Friday and we see the lower opening today, remember though we do have some positive divergences in the averages on slightly longer timeframes as shown last night.

 The QQQ 2 min (only exception to the 1 min charts) had a leading positive divergence as of Friday afternoon and still does, it's just not adding to it so far this morning.

The SPY is in line as of this capture.

*Since these are fast moving, the changes since these were captured a few minutes ago are: The SPY is now in a leading positive position.