In this news-laden week, one day is down, and in an hour, three more to go. Earnings after the bell today in MSFT and GOOGL, the FOMC tomorrow afternoon, earnings Thursday in AAPL and AMZN and finally GDP on Friday will tell the tale of the tape. Against that news backdrop, a break below QQQ 296 and IWM 177 could provide the perfect storm we've been calling "Wave 3 Down." And all of that is still July, the real fireworks could still be standing by in August. Nasdaq & Earnings IWM 2 hour - Decision time QQQ 296: Make or Break
