Index Futures Update

This is 1 of 3 indications I have been watching looking for the 7-15 min charts to go negative on the Index futures. We started the week higher as forecast and with Index futures from 5 min to 60 min all perfectly in line with price, since there has been deterioration on the 30/60 min charts which are negative and since the 5 min charts started going negative in several of the Index futures which has now migrated to some longer timeframes.

 NQ 5 min which is negative, it's a starting place for migration of the divergence (strengthening)  to occur, but not the 7-15 min charts I'm looking for to turn negative which can happen very quickly with Index futures.

ES has finally joined NQ 5 min in turning negative since yesterday.

 NQ 7 min has migrated, while not deeply leading negative, it is well in to the process, especially considering how this timeframe has been in line all week until today.

 This is ES 7 min and is an example of what "in line" has looked like most of the week in Index futures, this is what NQ looked like until just the past few days.

NQ 10 min is also deteriorating.

While ES and TF 10 min are still in line.

We are even seeing the first hints of the 15 min NQ chart go negative, thus I don't expect it will be too much longer before this aspect is fulfilled, at which time Leading Indicators should be in place and I'd already say the 3C divergences in the major averages are already well in place.