The divergences continue to build on the stock index futures while /NQ & /ES continue a slow & steady grind higher. Of the two, /NQ (Nasdaq 100 futures) is much closer to its minor uptrend line support so I’m on watch for an impulsive break below that level for potential early sell signal on the market.
-
- NQ 60-min April 15th
-
- ES 60-min April 15th
/CL has come close to my 62.79 target with potential bullish divergences now building on this 60-min chart. Favoring one more leg down to hit that target before a reversal although that is likely to depend on what the equity markets do early this week.
CL 60-min April 15th