Megacap earnings kick off this week and are especially important for the major indices, given the ” Magnificent 7 ” account for roughly a third of the S & P 500 Index . From a technical perspective, we focus on their setups heading into the earnings prints to assess whether the probabilities favor positive or negative reactions. Just as important is the post-earnings response, where we look for technical catalysts in the form of breakouts or breakdowns. Meta Platforms (META) and Microsoft (MSFT) , which report earnings on Wednesday, both display favorable technical setups heading into their releases. Each stock has undergone a prolonged corrective phase that has brought price back toward long-term, cloud-based support, denoted by the shaded area on the chart. META successfully retested its cloud last week, associated with an upturn in the weekly stochastics and improvement in intermediate-term momentum, reflected by a rising MACD histogram. MSFT also successfully tested…
By @ssc_combater007 Publication Date: 2026-06-13 19:14:00 Earlier this week Microsoft released its newest Patch Tuesday updates (KB5094126 / KB5093998 on…