Wednesday, June 5, 2013

Almost Forgot

We have it in ES (SPX Futures) too, maybe even better as well as TF and NQ, but ES is the best example.

 There's a much larger positive in ES that I don't have the history to show you, but the pint is the recent move, it didn't send ES negative at all, in fact it made a new leading positive high, so that's good, but from a short's perspective, this is what they see.

There's nothing there that would cause me to cover if I was using the same T.A. I was using 10 years ago.

So it seems to actually work out better, whether it was planned or not, I can't say, it does seem a little strange to have a stronger leading positive divergence in an timeframe that market makers load up in, we know it's not retail...

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