Futures Point to a Lower Open...

BMO – ES -15.75 and NQ -35.75 futures are lower about 60 minutes before the open in pre-market trading and point to a lower open…

TLT is up 66 cents and the Euro is up 2 pips in premarket trading 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 lower in pre-market trading…

Dave’s Insight for Tuesday: Take exits and enter bearish trades only according to your rules. Watch Tuesday’s open to see if U.S. traders trade the downside following the Asian and European moves down or if they fade the selloff and buy.

SPX
Resistance: 1,338, 1,345, 1,352
Support: 1,330, 1,321, 1,311

Quoting Down – GOOG, AAPL, NFLX, PCLN, BIDU, FFIV, FSLR, WYNN, CMG, POT, SINA, CRM, WLT, VMW, MOS, RVBD, GS, CLF, LVS, FAS, V, FCX, FDX, AGU, CAT, CF, X, CREE, SOHU, CHL, WHR, A, DE, JDSU, PNC, CSTR, CRUS, UAL, ARUN, BA, MHS, STI, SWKS, DOW, UNP, NVDA, DECK, VECO, IPI, JNPR, SMH, CIEN, TBT, AKS , LCC, HLF, TIF, CTXS, AMZN, NTAP, SNDK, JOYG, ADBE, RIMM, ADSK, QCOM, BRCM, VOD, SBUX, MICC, AKAM, CTRP, MRVL

Quoting Up – MCP, HUM, GMCR, SLW, TSL UCO, SWN, TLT, FAZ

Dave and Tom had a great show in NY last night speaking to a packed house of over 700 traders with standing room only. Dave will be traveling home this evening...