Futures Point to a Higher Open...

Good Morning Bloggers...I would love to receive an email from you at chartsignals@yahoo.com on: What features in Chart Signals do you find of greatest interest or value? I am evaluating additional changes and would like to know what you find worthwhile. If you would email me today that would be greatly appreciated. 1:40 pm ET - after a strong open upward momentum has paused and pulled back less than a 38.2% Fib retracement from Friday's close and is currently at 1,106.24...if the current level holds as the markets move into the last two hours of trading look for a second move towards the hight of this morning...strong stocks include: AAPL, AMZN, GOOG, BIDU, NIHD, MICC, CVX, WHR, AKAM, HANS each up more than 2% at this time... 10:15 am ET - in a strong support bounce the SPX has risen to 1,111.46 nearing its recent high of 1,113.69...all those bull flags and hammers we mentioned last week are also bouncing and confirming with strong momentum to the upside...most stocks are higher with advancers 2,549 leading decliners 296 on the NYSE... BMO – ES +13.50 and NQ +20.00 futures are higher in pre-market trading pointing to a higher open. AAPL +2.84, AMZN +1.60, GOOG +6.18 and BIDU+5.20 are higher in pre-market trading. The Euro is up 141 pips in overnight trading and oil is quoting up $1.50 in electronic trading. XLE is up 95 cents in pre-market trading. The SPX is poised to open as many as 13 points or higher. SPY is up 1.40 to 110.82 in pre- market trading. Its previous high is 111.69. Other sectors are lower in pre-market trading on little volume. SPX Support = 1,087…1,082…1,075 Resistance = 1,105…1,113 …1,025 to1,133 Trading Down: Trading Up: SPY, IWM, JOYG, FCX, XLE, CAT, POT, FSLR, CREE, CAT, DE Look at these Charts… (click image to enlarge) At the Open on Monday SPY – QQQQ – XLE – FAS – STLD – FLIR – FCX – PCP – EXPE – X – DE – NIHD – CSX – UNP – WLT – POT – STX – AAPL – AMZN – PCLN – BUCY – JOYG – CREE – DECK – NFLX – ISRG – AKAM – SYMC – V – NKE – CAT – SWK – ACN – PNC – DD – DIS – UTX –