Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Our S&P Futures charts, SOX support and NQ charts all violated support. You don't need complicated charts, simple charts will be just as effective. We post our support/resistance daily in the major indices. TODAY we are NOT CHASING the small upside bear flags but SHORTING THE INTRADAY RESISTANCE and/or holding our longer term shorts/puts and added even more later in the session (at supposed 'rallies' in some naz companies) Only really long play today was NVEC and TASR calls, the puts are still too much spread and premium too high.