Thursday, December 13, 2012

Pre-Market Futures

Here's what the S&P and NDX pre-market futures look like, nothing too exciting to start us off, but volatility almost always picks up right at 9:30.

 ES (S&P) 1 min with a positive divergence building overnight since just before the European open (green) and an early breakout attempt saw a small negative divergence, perhaps too early? Maybe 9:30 will do it....

NDX (NQ) futures look a little more apathetic, A negative divergence overnight in to a slight bounce as Europe opened and two smaller positive divergences, it almost looks like a small "W" bottom and may also be waiting for 9:30.

More on the open...

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