Coca-Cola's earnings only met estimates, actual revenue dropped
Coca-Cola might still go up because below $40 is simply too low, it opened at 39.78, but not really safe to buy because its earnings was disappointing
Goldman Sachs' earnings beats estimates
GS opened at 164 & dropped to 162, lower than our estimates from 165 to 163, so it was invalid as 163 was broken, the next support is at 160
But because of S&P going down, Goldman Sachs' support at 160 might be broken too
S&P 500 was rebounding at 1680 but was quite volatile & finally broke below 1680 with a huge drop
It's continuing to drop without showing signs of rebound even at 1678
Conclusion: It is now not safe to trade because of S&P breaking below supports despite strong earnings report from Goldman Sachs
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