Monday, July 1, 2013

Early Evening Futures

There's some interesting activity in futures, keep in mind these are only 1 min charts and they very likely will change several times overnight before pre-market, but for now, they do look interesting.

Context for ES is near flat, about a negative 1 point differential.

 CONTEXT's ES model vs ES almost dead flat.

 However there's a 1 min positive divergence in ES apparently leading it higher, again I don't read much in to these futures at 1 min this early in the night.

NQ (NASDAQ 100 futures) look similar

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