CSX pre earnings analysis

IF CSX opens in the red zone / box (which I highly doubt happens) It would be a pretty bearish gap. We've done a lot of put sales on CSX in times past. IF it gaps down to about $23.47 ish or the blue line at $24.70 ish, I would be slightly bullish to neutral.

If CSX opens in the green box, bullish gap. 100/200 SMA on daily are beginning to cross bullish.