PRE MARKET

Markets are set to open slightly higher with the DJIA Futures +15/20 as I type. Some of the technicals that I see and have read about concern the divergences between the RSI and MACD momentum indicators and prices. If one looks closely one can see higher highs on the SPX and lower highs on the RSI and the MACD. I suspect it won't mean much as I expect the markets to rally a bit into the year end with both "performance anxiety" and "bonus preservation" being the main themes for portfolio managers.