Futures Point to a Lower Open...

1:25 pm ET - the SPX continues to hold at the 980 support...FWLT forming a support bounce hammer... 10:22 am ET - Healthcare XLV -0.02 is the strongest sector this morning...BDX, ESRX, MHS, MRK and HUM are moviing up... 10:10 am ET - the SPX opened lower and fell to its 980 support level in 15 minutes...the VIX jumped almost 4 points to 28.23...so much for my forecast in the Weekly Wrap on Friday that volatility would expand this week... BMO – ES -20 and NQ -27 futures are lower in pre-market pointing to a lower open. Asian stocks move down, dollar rises and oil falls overnight. See Friday's Post for closing Charts on the following: At the Open on Monday SPY – QQQQ – ADBE – AAPL – ACN – PCLN – X – FUQI – PWRD – BDK – FAS – BAC – ZION – AKAM – BRCM – EXPD – SYNA – AMZN – BIDU – ESRX – VPRT – AMX – CAM – MHS – NFLX –