Here’s my prediction for the Apple earnings scheduled to come out around 4:30pm eastern. Tell me what you think.Â
Technical Outlook: First legitimate sell-off on SPX yesterday since April 7th. SPX finished the day trading below the 5-day moving average. Watch the rising trend-line off of the February 11th lows. Currently the trend-line sits at 2087. A slew of earnings came out last night and this morning resulting in hard sell-offs in Google (GOOGL),
Technical Outlook: SPX gave up all of its intraday gains yesterday after a strong gap up. Nonetheless, it managed to close slightly higher an in the process hold on to its 20-day moving average. An interesting development on the daily chart of SPX is the downside cross of the 5-day and 10-day moving averages. Four
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