MSFT and GOOGL not moving much on earnings but NQ bounced of the oversold condition anyways.
Looks similar to the area I highlighted for you guys this morning. Could be a Fed pump then sideways drift, earnings have been a mixed bag so far and even companies that missed haven't been moving much like GM.
Bullish now until indicators get overbought.
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LOL, already recovered most of today's drop
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I think tomorrow is setting up to be a huge whipsaw day with a rally after the meeting.
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Wow, quite the rally. Kinda pissed because JNPR options didn't catch up to the stock price on open, wind up flipping the puts for beer money profits. (Couple hundred bucks, I drink a lot of beer, lol)
Even with low liquidity options sell orders that are priced below stock price usually go through, oh well.
In any case, staying out until after the Fed press conf. No point in chasing this market right now, especially since it'll whipsaw this afternoon. Also, GOOGL earnings sucked, lol.