NASDAQ Futures

Over the last approx. hour, the NASDAQ 100 futures, NQ, have been creating a stronger and stronger intraday leading negative divegrence, it looks pretty close to critical mass.

The intraday chart for NQ has been very clean, a negative divergence around 2 a.m. sending it lower in to a relative positive which is one of the weakest forms and in to what is currently a leading negative which is one of the strongest divergences.

Don't forget what the Q's looked like on Friday's close, here's there post.