Tuesday, June 17, 2008

Futures Trading Higher in Pre-Market

7:31 MT - The market is open and AAPL is trading up $1.20 and moving higher. Pre-market Futures are trading higher this morning. This at least an indication that today MIGHT be a third large white candle or the three white soldiers pattern. I emphasis MIGHT because even pre-market futures don't always lead to an up day. Trade with the trend and watch at those key resistance areas if momentum turns to the downside. Last night there was some discussion about AAPL being down in the after-market on approximately 176,000 shares on some rumor...we said watch what the big money does in the regular market tomorrow. If the pre-market is any indication it is suggesting the stock could go higher as it is trading up $1.20 from yesterday's close.

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