Friday, July 16, 2010

Futures Point to a Lower Open...

BMO – ES -4.00 and NQ -3.25 futures are lower in pre-market trading pointing to a lower open. In pre-market trading AAPL is +0.85, GOOG -26.52, BIDU -0.98, NFLX -0.56.



GS +5.93 and BP -0.50

Today is July options expiration.  Stocks are mixed on light volume in pre-market trading this morning. 
There is still a Yellow Alert to watch for price to drop and stay below the low of the high day.
The short term 3 day trend is neutral. The intermediate term 2month trend is down and long term trend is up.


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

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

At the Open on Friday
SPY –
QQQQ -
FAS -
TLT –

AAPL –
CRUS –
BRCM -
BIDU –
AKAM –
SNDK –
NTAP -
ILMN –
NFLX –
FFIV –
DECK –
CMG –
VMW –
SKX –
AZO –
LVS –
HSY –
DLR -
CRM –
TIE –
UNG –
UCO -
AAP –
SWN –
ICE –
BA –
CAT –

ALK –
UAUA -
CAL –
ORLY –
CSTR -
NETL –
NYX –
GMCR –
VECO –
CREE -

AKS
X –
PCLN –
CLF –
DOW –
BBY –
GOOG
MA -
V –
PCP –
UNP –
FCX –

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