Indicators are neutral but MFI rapidly approaching overbought.
Quite frankly, I'm bearish on AAPL earnings this afternoon anyways
Comment:
I guess the morning gap fill makes sense because FDAX needed to go oversold and there was also an open gap on ES/NQ from the one hour break yesterday afternoon.
Made some beer money on it, but I could've gotten a big return if I had shorted XLF on open with tomorrow's options, lol.
Anyways, gap direction tomorrow depends entirely on AAPL earnings especially with indicators in the neutral zone. Total crap shot, but honestly, I'm bearish.
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Made some beer money on it, but I could've gotten a big return if I had shorted XLF on open with tomorrow's options, lol.
Anyways, gap direction tomorrow depends entirely on AAPL earnings especially with indicators in the neutral zone. Total crap shot, but honestly, I'm bearish.