Thursday, April 23, 2015

INDEX FUTURES SEEING VERY EXTREME NEGATIVE INTRADAY ACTION

Does someone know if James Bullard came out within the last hour? The reason being, Intraday index futures are showing extremely negative trade. I would not overreact as this is still a process that needs to migrate to longer charts but something is very different than earlier today is at work.

The index futures...
 ES 1 min into the clothes and just after. The earlier negative divergence at the red arrow made sense ,this is rather extreme.

 The same goes for NQ/NASDAQ futures

And TF/Russell 2000 futures

I know I said I didn't think this market would be able to hold a head fake move for very long but this would be uncharacteristically short.

No comments: