Expected to report an EPS of $2.96 on revenue of $15.37bn

American Express still moving in a bearish trend which began back in July, currently trading at around $150.49 a share. After the correction towards the descending trendline of the triangle, it seems like the trend may resume lower. Support sits at $149.46, a break below could see the price slide lower once again towards the lower trendline of the triangle. However, the company is expected to report quarterly earnings tomorrow. The earnings outcome will certainly help with the near-term direction for this stock. The tough resistance point sits at $155.61 (along the trendline), a break above it would create a potential opportunity a move towards $160. The technical indicators portray a mixed outlook for the near term as the MACD is positive whereas the RSI is negative. The RSI reads 43.