Friday, March 1, 2013

Market Update: Speaking of Tools

In this update are at least 1 or two others... Not looking great here, I think I'm going to be looking in to some shopping in the area, GOOG made a nice move.

 The ES intraday negative divergence is worse, it's clearly leading negative now.

 If it could get worse, believe it or not it did, the NQ intraday chart

 Using TICK alone, this isn't matching up well with the SPX trend is it, breadth is falling apart. This is one of those tools.

 SPY vs TICK with a linear regression trendline.

SPY intraday negative divergnce is worse as well.


And so are risk assets everywhere as CONTEXT moves to a deeper differential between ES and the model

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