It may be a little early, but PFE and PG release earnings Tuesday. 3C right now is showing PFE will have a good reaction, PG will not. Take it for what it's worth. These are earnings trades which are speculative to start and I'm trying to interpret the accumulation or distribution i see to determine how they will react to earnings. I may take a closer look at the close or near the close on Monday. Looking back it looks like we were able to correctly predict 14 of 16 earnings plays the last time we did this about weeks ago. It initially will only last a day or so, then they'll fall in lockstep with the market, but a strong reaction will advance more on an up-day and a negative reaction will sell-off more on a down day. Over a period of a month or so, the trend based on the reaction should be clear.
The first two charts are PFE, the second two are PG-both 30min/1min.
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