AAPL trade idea around earning announcement

outlook not so good.

chart significance

• declining RSI
  lower highs
  tweezer top at 132
  bounce off R1
  Monthly pivot , s1, s2 broken
  

local low of obv w/ minimal recovery

Business significance

• expected low earning target then previous
  luke warm reception of new product
  lower lows on DJI and DJA
  

expectations:
up to the the earning well probably drift towards the monthly pivot for retest with a possible break around 127
upon earning announcement, down local low of 119 till dividend issued

invalidation

• DJ overall shoots up in the next 10 day
  DJ drops out before earnings
  break out of triangle