It's probably best not to mistake this sideways tedium and ensuing pullback in the ES and NQ as disinterest in Apple's earnings yesterday. We shouldn't doubt for one minute Wall Street is ecstatic over the news and had the overnight traders chased the market higher, there'd be nothing left to get the public on board.
Anyone considering getting short in the morning should sit tight and see how things transpire.
Even though the NQ and the Q's are closing in on a major pattern top, there are no laws that say the target cannot be surpassed.
Always perform your own due diligence. These are only my opinions.
