Futures Point to a Higher Open...

BMO – ES +3.25 and NQ +5.00 futures higher about 20 minutes before the open in pre-market trading and point to a higher open…

TLT is down 22 cents and the Euro is down 18 pips in premarket trading reversing and is still above old horizontal resistance, now new support in the 1.3450 area…

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

Dave’s Insight for Wednesday: Stay with the trend and look for re-entry on your stocks according to your rules.  Options expiration is this Friday.

SPX

Resistance: 1,330, 1,338

Support: 1,321, 1,311, 1,300

 

Quoting Down – SINA, SOHU, NYX, AMGN, CERN

Quoting Up – AAPL, AMZN, BIDU, GOOG, NFLX, PCLN,CLTR, RIMM, FSLR, WLT, DE, CMG, POT, MA, GS, CAT, CAM, DLR, AGU, X, CRM, AKS, GLW, PCX, NVDA, SLW, FAS, WYNN

Dave is teaching a Basic Options workshop again today and will be traveling home this evening...Best of Success in your trading today...