NQ Update
Updated
ES RSI is oversold, RTY is not there yet and NQ is neutral as shown.
AAPL earnings tonight. If you go long today, you're betting on AAPL. Simple as that. I expect them to beat but guidance is a real question mark.
Keep in mind AAPL is a lot closer to the top of the trading range than the bottom.
AAPL earnings tonight. If you go long today, you're betting on AAPL. Simple as that. I expect them to beat but guidance is a real question mark.
Keep in mind AAPL is a lot closer to the top of the trading range than the bottom.
Note
AAPL options premium indicate a 4.3% move on earnings, we could potentially see a 1% gap in either direction tomorrow morning.Honestly, I'm bearish on guidance, but not enough to bet on it which is why I'm cash.
I also didn't trust the Village Idiot Powell, so I didn't trade yesterday except a small EOD play.
Note
OPEN GAP after he break, so more whipsaw ahead.Quite frankly, there was nothing in the AAPL earnings to be bullish about. I might take a break until daily indicators tell me something.
Note
Also, employment numbers premarket
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