Wednesday, April 3, 2013

Quick Market Update

The SPY has filled the gap, the R2K way filled it, the DIA hasn't filled it and the QQQ is VERY close to filling it.

There are positive divergences in the averages, especially the R2K that make it look like the market will be moving soon.

The arbitrage levers are being pulled, I'll show you that in another post.

The futures for the SPX, NDX and RUTX are all leading positive as well.

I'd say we are very close to an intraday move to the upside.

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