Tuesday, November 30, 2010

Futures Point to a Lower Open as Euro Continues its Down Trend...

BMO - ES -10.50 and NQ - 21.75 futures are lower in pre-market trading and point to a lower open...

TLT is up 1.48 and the Euro is down 115 pips...

Continue to watch for a potential break of support on the COMPQ and the Nov 16 low on AAPL, AMZN, GOOG, BIDU, NFLX, PCLN and QCOM...

SPX
Resistance: 1,190, 1,200, 1,209
Support: 1,182, 1,170, 1,156

Trading Down - GOOG, PCLN, AAPL, MICC, AMZN, NIHD, ALTR, WYNN, FSLRMA, CMG, FFIV, GS, CRM, POT, SLB, VMW, FCX, AGU, TBT, CF, MOS, AKAM, SOHU, ATI, SOHU, CLF, CAT, DE, BA, V, FDX, ATW, CREE, X, LVS, CHL, VECO, ARUN, FAS
 
Trading Up - RIMM, DECK, TLT, INFA, PNC, FAZ, GES, KLAC, ILMN, URBN

2 comments:

Judy said...

Good morning DAVE! Thanks as always for your daily post. Again, I appreciate you providing your insights into support and resistance. It always amazes me how the markets tend to bounce around the support/resistance levels. Have a great trading day. Judy

Anonymous said...

Cramer is bullish. I am worried.