Earnings Calendar
This week is going to be huge for earnings. We got many big companies reporting earnings which will cause market volatility.
#1 Invesco QQQ Trust
QQQ 0.00%↑ Sitting at a critical level of support of $354.09. It needs to hold this level for it to be bullish. We are bearish below $354.09 which indicates psychologically that we have broken the trend to the downside.
#2 SPDR Dow Jones Industrial Average
Dow Jones an ETF that holds the top 30 American Stocks is sitting at a critical support level of $328.70.
#3 Tesla, Inc
TSLA 0.00%↑ Sitting at a critical level of support of $212.76. We are setting up for a potential bounce to form a Descending Triangle pattern on the daily and weekly timeframe. Tesla has been down over 10% for the past because of it’s earnings report. We also have a nice gap to the upside as our price and incentive to move to the upside. Stop loss close below $212.76 on the daily and weekly timeframe.
#4 Apple Inc
The setup on AAPL 0.00%↑ is incredible. Apple earnings are scheduled next week for November 2nd.
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