IF CSX opens in the red zone / box (which I highly doubt happens) It would be a pretty bearish gap. We've done a lot of put sales on CSX in times past. IF it gaps down to about $23.47 ish or the blue line at $24.70 ish, I would be slightly bullish to neutral.
If CSX opens in the green box, bullish gap. 100/200 SMA on daily are beginning to cross bullish.
Ok, Next week starts the fun!! :- )
AA is historically the stock that starts earnings season. A gap up into the green zone would have a bullish perspective for the swing / day trade
A gap up into the red zone would have a bearishperspective for the swing / day trade
If CVS opens in the red zone, should be bearish on a day trade. If it opens in the green zone, should be bullish for a day trade. Other wise, sideways...still...