Free and Clear Above

Here is a look at Apple into the big earnings reports tonight gapping free and clear above its upper daily chart Bollinger Band just under its prior highs. The stock is now clearly overbought into earnings, as the market is reversing lower a bit, and biotechs getting hit especially. 

Also note the upside reversal in precious metals and miners, which seemed to be on the precipice of a major breakdown on Friday. 

Indeed, the current market is full of whipsaws despite fresh all-time highs on the S&P just this morning.