Pre market update video scalp level for $ES,$AAPl and $AMZN
The es futures are trading lower this morning by 5 points. My expectation is a lower day the stock markets are so overbought at this point, there are too many average investors who are jumping in this market. This is the ideal situation where institutions can sell some stocks at the first 30 min off the trading day.
Some big company's give out earning like $YHOO, $VMW this last one is getting smoked on earnings! Be careful trading this stock now your levels on this one I didn't cover it in my video, but the levels for this stock are $80 than $74.00. I am looking for short-term bounces at these levels don't marry a stock that is on news and most import adjust your share size!
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