Futures Update

This is why I was trying to keep the lat post short and not post every average, things are moving fast, in fact the charts I captured that are below already look worse, I went to recapture them and they were even worse before the 15 second capture process was over.

 ES (SPX futures) 1 min chart at 11:15 a.m., first there's a large relative negative divergence (large red arrow), but intraday ES was in line with price, the relative divergence strongly hinting at trouble to come.

 ES 1 min at 11:37, this is how fast and far 3C dropped on ES since 11:15 to a VERY STRONG LEADING NEGATIVE low, it is even deeper now.

 NQ (NASDAQ 100 futures) as mentioned in the last update, they were 3C leading negative as well as a long term relative negative at the red arrow, this was guaranteeing problems to come for NQ.

This divergence too is even lower.

TF 1 min with a couple of intraday positive divergences, the first at 10 pm or a bit after last night, then right before the open of US markets, at the capture it appears to be in line with price, trend confirmation.

Currently TF (Russell 2000 futures) 3C chart is leading price lower, that's how fast things changed, 3C was predicting it as well as many other things and the CoNTEXT/SPY Arb are representative of those many other things.