$MU reports earnings after the close on Wednesday. The consensus earnings estimate is $19.54, but of course that number is meaningless.
https://t.co/d4g7yvRs4Z
$IWM Trade Recap📉
• 15m closed below PML = gave me a bearish bias
• EMAs aligned in bearish order
• Price pulled back and rejected at the 13-EMA on 2m
• Entered on the bear flag break, targeting LOD & continuation into the lower target zone🎯
• Cons peaked around +105%🔥
$SPY Reversal Trade Recap 📝
• Rejected at key resistance levels
• Broke back below premarket high
• 13 & 48 EMAs began to align in a bearish order
With momentum shifting, I looked for continuation toward lower support and the 200 EMA🎯
#DayTrading#OptionsTrading#SPY