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I'm about to head off to Sydney for a few days, and I got up late (five minutes ago).
To see how useful the CCI divergence approach is, examine the chart below, which was a snapshot that was sent out in an e-mail shortly before 1:36 a.m. Australian time with the S&P futures at 1217.75... note the 'tease break' of the first hour low (marked 'FHL'), which coincided with the CCI divergence. Perfect. Timely, too. No griping about entries, either.
There were 2 selling divergences later in the day, one at 1231 and the other at 1234... lower prices during Globex and tomorrow, by the looks.
