was violated and it did make a Lower Low
then the previous Session…
UnderTows, much like Under-Tows can be used as
Over-Throws are repeatedly.
The Week ahead for EPS is extraordinarily Important.
These will be the Companies that will have the greatest
impact among those reporting.
Monday – FB @ after close
All of these have a troublesome look to their Chart Structures
GOOG – Chopping – Support 2300 – IF it Gaps down.
AMZN – SELLERs remain on a retracement, 3550 Calls should not Pay.
friday’s weakness… the trendline failed – it struggle desperately to
cross it only to see it crushed Friday.
MSFT – Range-Bound at Highs
AAPL – Holding 50
This weak will wreck many Traders, the ALGOs enjoy a good thumping
during EPS .
Caution and Patience are warranted in the Extreme.
Price swings and VX will pick up as we move through the Week.