Wednesday, May 15, 2013

Market Update

There are some small intraday positive divergences, I don't think they mean anything at this point next to the negatives and they are limited. As for Index futures, the same is only in ES, not NQ or TF.


 IWM 1 min looks stronger than it is...

This is the 2 min chart

QQQ 1 min is as far as this one went, this could lead to a consolidation only being on the 1 min.

SPY 1 min

SPY 2 min

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