Futures Point to a Lower Open as Energy and Financial Stocks Pull Back...

BMO – ES -4.50 and NQ -5.50 futures are lower in pre-market trading pointing to a lower open. In pre-market trading AAPL is -2.15, AMZN -0.38, INTC is down 2 cents, BAC down 10 cent and GS down 28 cents.

Broad indexes were slightly lower on Monday. Pre-market trading is a continuation of Monday's pull back. Lower prices in financial and energy stocks are weighing on the market this morning.

Look for earnings from ADP, CMI, DD, F, MM, ODP and X before the market and could set the tone for early trading.

UAUA and CAL merger news now indicating that a merger could be announce as soon as next Monday. UAUA did rally from Monday's low and closed down 63 cents.

Look at these Charts

(click image to enlarge)

Key Earnings to Watch:
Monday – CNI, HUM, JEC, KSU, EL, LXK, MHP, NOV, ODP, RSH,TSM, TXN,
Tuesday – MMM, ADP, AFL, DOW, DD, F, FUQI, JBLU, LIFE, MHS, NEM, NSC, NUS, PNRA, LCC, SWK, UAUA, X
Wednesday – AKAM, ATI, APA, BIDU, BKC, CME, CERN, CLF, COP, ESRX, DAVE, FSLR, GMCR, HES, ILMN, K, LOGI, ORLY, OII, POT, RCL, HOT, VAR, VRSN, V, WLT, WLP, XLNX
Thursday – AET, AEM, AGN, AMX, BDX, BMY, CAM, CELG, CVX, XRAY, DLB, EXPE, XOM, JRCC, KLAC, MXIM, WFR, MET, PG, SPG, SWN, VPRT
Friday – AVP, DISCA

The short term is up and the intermediate term and long term trends are up.

Trade those charts that meet your rules in the direction of the trend.

The Euro is down 92 pips in overnight trading.  Oil is down 77 cents in electronic trading. 

SPY is down 41 cents and XLF is down 11 cents in pre-market trading. Watch XLF as a key to any sustained move in the SPX.

Follow your rules in any trading actions today.  Be logical.

SPX
Support = 1,200, 1,178
Resistance = 1,216, 1,220, 1,239

At the Open on Tuesday
SPY –
QQQQ –
FAS –
X –
BBY –
CREE –
UAUA –
SNDK –
AAPL –
NFLX –
RIMM –
SHLD –
BUCY –
BA –
DOW –
DE –
FCX –
WHR –
ZION –
GMCR –
DHR –
V –
NVDA –
AMD –
PCLN –
DECK –
CAT –
PCP –
UNP –
CLF –