Market Diary – Tuesday, July 5, 2016

Divergence Just before 9:00 AM, the S&P 500 futures are showing a divergence. The MACD (3, 10, 16) – the 3/10 Indicator made popular by Linda Bradford Raschke – ┬ámade a low at 3:12 AM when the price was at 2086.00. The price made lower lows at 4:42 AM and 8:00 AM but the MACD…