Opening Follow Up

Well, it was a strange opening, a strange overnight ramp and things continue in the realm of strange with more spped now.

There's nothing in the intraday charts from yesterday that suggests an early move up would hold, there's no confirmation, the NYSE TICK is ugly....I still don't think it holds, it's out of nowhere, but we still need to wait and see.


Here are the firsst two ES charts of the last post and the current.

 The first chart with a negative divergence.

 Second pre-market chart with a leading negative divergence

Most recent chart with a deeper leading negative divergence