Futures are Lower in Pre-market Trading and Point to a Lower Open...

BMO – ES -4.50 and NQ -6.50 futures are lower about 30 minutes before the open in pre-market trading and point to a lower open …

TLT is flat up 38 cents and the Euro is up 37 pips in premarket trading and continues above old horizontal resistance, now new support at the 1.3450 area…

NDX leaders BIDU is higher in pre-market trading…AMZN, GOOG, NFLX and PCLN are lower…

Continue to follow key earnings releases and the opportunities they create.

SPX

Resistance: 1,321, 1,330

Support: 1,311, 1,300, 1,281

Dave’s Insight for Wednesday:  On a pullback, determine the difference between price fluctuation and trend change.  Move your stops up and exit at your targets, all according to your rules. 

Quoting Down – MICC, GOOG, ILMN, CHL, FDX, GS, WLT, CRM, SPG, CLF, FASS, CAT, MCP, PCX, V, BA, CRUS, TBT, SWKS, SLB, MCD, WHR, VECO, FCX, STI, SNDK, X, PCLN, NFLX, AMZN, RIMM, AKAM, EBAY

Quoting Up – CF, AGU, POT, ICE, ARUN, MOS, JDSU, DE, SINA, SLW, TLT, CIEN, TSL, NYX, DLR, ISRG, BIDU, FSLR, CTSH, SHLD, SIAL, WFMI