Pre market
- We come in lower with msft earnings
- Lets see if that covering structure on tf 1 holds or if they sell it off
Post market
- Small fade, not able to close the gap
- Pressure to downside
- I am not interested in shorts. I wait if it fails
- Need a few attempts but finally get the meat of the up-move
- I see it as very bullish, that the market was able to absorp this negative event that way