Wednesday, April 22, 2009

Early Futures Trading Pointing to a Flat Opening...

Midday - Markets have rallied after a lower open...but have pulled back from their earlier highs and are still positive for the day...I was finally able to get the charts from earlier this morning uploaded...I will have more later... (click image to enlarge)
BMO - ES -4 and NQ -3 futures are down with a little more than 90 minutes before the open suggesting a flat open. Keep in mind the futures can change significantly over the next 90 minutes before the open. Take a look at our AT the Open stocks and the support bounce patterns on each. I'll be back with charts later as mobile technology isn't letting me upload them at the moment... At the Open on Wednesday SPY – piercing line DECK – piercing line SNDA – bullish engulfing EBAY – bullish engulfing SCHN – bullish engulfing GME – morning start pattern SHLD – piercing line ADS – white spinning top in bull flag STT – bullish engulfing AG – piercing line XRT – bullish engulfing USD – spinning top URE – bullish engulfing WYNN – piercing line LEAP – hammer/bullish harami FAZ – bearish engulfing ISRG – white candle did not confirm shooting star/bearish harami

1 comment:

CR said...

Thanks for your updates while on the road enjoy the workshop
Christine Rzepka