Futures Pointing to a Slightly Higher Open...

10:10 am ET - Markets move lower after slightly higher open, once again proving that the overnight futures only give us the open not even the trend right after the open... BMO - ES +4 and NQ +6 are slightly higher in pre-market trading pointing to a flat to slightly higher open. Energy, financial and tech stocks are slightly higher in pre-market trading. Oil prices are higher over night on news that US recession is easing and news is that C is using most of the $45 billion in TARP to make new loans. C is higher in pre-market trading. Check out Key Topics in the left hand menu... Looking before the open... (click image to enlarge) At the Open on Tuesday SPY – black spinning top in horizontal flag FAS – black spinning top in pennant STT – black candle at low of high day HANS – white candle…resistance break…new high close WYNN – white candle confirm bullish harami KOL – shooting star in horizontal flag SCHN – black spinning top close below of the high day EBAY – white spinning top in pennant above 200 DMA ISRG – white spinning top above horizontal break out SNDA – bullish engulfing ZION – bearish harami LEAP – white spinning top ADBE – bullish engulfing in bull flag