Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

10:30 reversal period market internals are somewhat more under pressure. COMPX is filling in the gap down from this morning. COMPX area to watch is 1,720. If we drop below 1,700, we will be shorting more tech stocks and looking for 1,680 for possible support. For DJI its 10,250 and the dow is still making lower lows but with LONG LOWER tails which suggest we might be in a temporary bottom here for the dow. A move above 10.260 would be a good sign of a potential reversal.