Monday, March 9, 2009

Futures Fall in Pre-Market and Rise at Open

2:55 pm ET - SPX and Nasdaq pull back towards low of the day, still forming an inside day...ISRG pulling back from high of day in a bear flag formation 2:05 pm ET - After a mid-day pull back the SPX and Nasaq are on the rise again...as of this time both are forming inside days with higher lows...HANS, SGP, RE, FWLT are up for the day Great Answers will start today with our end of day post...email us with your technical market or stock question at chartsignals@yahoo.com 10:45 am ET - Stocks continue to rally led by financial and energy stocks while gold and biotech lag...HANS +0.70, SGP +3.30, TEVA -0.64, OSIP -0.51, RE +0.46, FWLT +0.91 10:15 am ET - SPX +10, Nasdaq + 18.. Our At the Open on Monday List - SPY +1.05 NSC +0.42, SCHN +0.45 10:00 am ET - The SP futures which were down from Friday's close in over night trading rallied 13 points at the cash open this morning to rising to the area of Friday's close in the first 20 minutes of Monday's session. The SPX is +3 and the Nasdaq is +10 and both are forming hammer patterns during the first 30 minutes of trading. The candles of course will likely be different 6 hours from now at the close.

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