Wednesday, March 20, 2013

Quick MArket/Futures Update

As John Hilsenrath wastes time with his question, here's a quick look at the futures.
 ES which has been in line since overnight is moving to a deeper negative divergence

 The same with NQ

TF is negative, but  less ugly.

 Volatility futures are seeing a new leg higher in a positive leading divergence.

The opposite of VXX , XIV is seeing a strong leading negative divergence here.

Pretty much there's good short term confirmation of the negative divergence in ES and NQ.

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