Reallifetrading

JPM pre earnings analysis

NYSE:JPM   JP MORGAN CHASE & CO
I don't specifically love anything here on JPM             for a gap. This is the hourly chart and my thoughts on it as it relates to some day trades (or maybe swings) based on earnings gap. Market price for options shows gap shouldn't be large, therefore, if it is, expect it to run in either direction.
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So - JPM gapped up. There is a strong resistance in the way.
snapshot
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I like the short side on JPM for earnings, but who knows which way this is going :P nice chart!
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Thanks brother! Agreed : )
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