I've put charts of only SPY's and Q's today below. The key point is SPY found support an the prior daily range, and the Q's never came close to its equivalent range and in fact is looking like it will open over the key daily level 57.85 (high of 2 inside day range). Both are in a position to break the trend lines from the highs. This doesn't mean its all clear to move higher. We need to see if we can close above these levels! And AAPL earnings could dramatically change the Q's after today's close. But I want you to see this pattern developing.
The net result is, however, that if the Q's manage to pull the other 3 Market Watch indicators over their prior day highs, there a chance we could rally today.
I've also posted HotScans screen shots of stocks that reported earnings as of the prior close.
~Long Focus~
NTES
CF
WYNN
JAZZ
SWN
AAPL
HOG
~Other Long Charts of Interest~
PVH
AMZN
TGT
VMW
LULU
POT
IBM
ACOM
FCX
SINA
BIDU
SOHU
LVS
CRM
ANF
CVX
ALKS
HAL
~Short Focus~
DE
WHR
AAP
MET
GS
~Other Short Charts Of Interest~
SNDK
VECO
SMG
SLXP
MHS
PAY
Stocks with earnings ranked by Dollar Move UP:
Stocks with earnings ranked by Dollar Move DOWN:
