AMD and MSFT reporting one hour after the closing bell. Edit: tomorrow META, and Thursday AAPL and AMZN.
Today was a massive failure to salvage the month of July, so screw you bulls for not giving me 5600 today. I think NQ wants a dip below last week's low today before we can see any bottom of this sell. Only 40 NQ points shy from the current LOD. Should get interesting if that's not bought. If so, ES may very well take out last week's low, too, i.e., 5432,50.
Well, fuck me. Today didn't go as planned, but thanks to the Market Gods who delivered volatility, I was able to switch short late and salvage the day. In the past, I might probably have been stubborn on my views and kept going long. NQ taking out yesterday's low was about when I shorted ES. ES/SPX pretty much filled the gap from last week here, so may be enough for a bottom, but I'm not playing. Wouldn't surprise me if ES takes out last week's low by the close, although it's looking like a bottom for now.
I don't know if today's the day, but when I wrote this, while I was referring to Apple, my premise was that this would occur for all of the big tech stocks. And then we'd be off to new highs. Is today that day?