2009-04-24 Market Watch

7:22am: market seems strong.  Oil goes up, dollar down, futures gapped up.

ES and XLF 5-min market breadth oil and dollar futures hourly

Note that CPC and TRIN are quite high, which are bearish signs.

8:01am: NQ made a new high, ES is making an ascending triangle.

ES and NQ

8:13am: TRIN is high, TICK is going down, ChiOsc is down, RSI and STO are having negative divergence.

11:15am: response to bank stress test.

ES and XLF INDU 15-min market breadth