Tuesday, March 5, 2013

Futures Update

The market feels a bit dull this afternoon, I like to compare a dull market to, "The kids a little too quiet in the room next door". Usually there's something going on and you really don't want to be caught off guard.

Here's the ES and NQ update.

 ES 1 min has a small positive divergence, but the trend today is pretty darn clear.

 ES 5 min -the green line in the 9:30 open, a negative divergence.

 NQ 1 min negative

NQ 5 min also negative.

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