$XOM Short Swing Earnings

5 thg 2

XOM just recently had earnings

I'm looking at swinging puts tomorrow because the Jeanius Algo Suite (Indicator/Screener) gave me multiple sell confluences:

• Rose through 2 untested highs (~$104.91), grabbing liquidity
  
• Retested the level that price broke to create a Change of Character (CHOCH)
  
• Tested a downtrend line
  
• Broke and retested an uptrend line
  
• In a long term and short term structural downtrend
  

The indicator automatically painted the lines/zones on the chart