The Emini closed up 7.75 points at 1,451.00 on Thursday. My mate, Rob, laughed at me today and said "You're always too early. When will you learn?" He's right of course. So rather than me make excuses I'll just show you 4 charts. Check them out below and make your own conclusions.
Trading Index (TRIN) divergence on the chart below with the Emini up but adjusted Trading Index (TRIN) negative. Divergence shown by white dot on daily bar.
Trading Index (TRIN) oscillator turns down from highs on the chart below. Turning points shown by white dot on daily bar.
Cyclic turning point in 135 minute bars on the chart below. John Ehlers Hilbert Sine Wave shown below intra-day bars.
NASDAQ weaker than Dow in last 3 days on chart below. Bar chart below daily bars shows percentage difference between NASDAQ and Dow when the Dow has a larger move than the Dow.
