Daily Timeframe
Weekly Timeframe
60 Minute Timeframe
From the weekly timeframe, we can see that the NASDAQ is fast approaching the 52 week high set last April. The 60 minute timeframe shows that the delta between price and the trendline is extremely wide, so much so that an accelerated trendline is in play. I'll be watching this trendline closely to see if and when, a tradable pullback or trend reversal comes into play.
In the meantime earnings rule, and the big ones to watch this week are:
Tuesday AH: IBM, INTC, MOT, YHOO
Wed. AH: AMD, AAPL, CTXS, EBAY, GILD, JNPR, NVEC, PLCM
Thurs. AH: BRCM, GOOG, SNDK, RBAK, XLNX
We have no major economic data tomorrow.
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