Futures Point to a Flat to Slightly Lower Open...Euro Down...NTAP Gap Up...

BMO – ES -3.00 and NQ -1.50 futures are lower 25minutes before the open in pre-market trading and point to a lower open…volume is moderate for pre-market with more stocks quoting down than up…

XLF is down 4 cents on 207,800 shares in pre-market at this time…

FAS is down 64 cents …

TLT is down 24 cents…

the Euro is down 55 pips overnight trading …

NDX leaders AAPL, AMZN, GOOG, PCLN and QCOM are lower…BIDU and NFLX are higher…

Dave’s Insight for Thursday:  lower Euro…slightly lower bonds… Financials down…setting up a lower open…Follow YOUR rules for entry, exits and stops...TRADE THE TREND…With extended profits be sure to adjust your stops…

Short-term support on the SPY is 133.40…

NTAP reported after the close and is gapping up…

After Tuesday’s pause it appears we have a bounce continuation this morning…the intermediate term trend is still up…

Chart Signals will be watching the Euro, XLF and the VIX...the VIX continues to indicate stable trend…

SPX

Resistance: 1,347, 1,353, 1,361, 1,370

Support: 1,331, 1,315, 1,300

Quoting Down – AMZN, GOOG, AAPL, GOLD, CF, CLF, A, NVDA, DHR, IBM, UNP, FAS, LNKD, SLW, CRM, UCO, DOW, GS, SNDK, CAT, HLF, C, SWKS, CIEN, POT, CSTR, NKE, GILD, FOSL, XRAY, SHLD, FSLR, INFY, KLAC, SNDK, SBUX, PCLN, WFM, ESRX, GMCR, ADSK, INTC

Quoting Up – NTAP, HUM, COH, SWI, INFA, NTES, RVBD, WLT, FFIV, CROX, SINA, PNRA, BIDU, DTV, BIIB, ISRG, MNST, ROST, EXPE, LIFE, FAST, EXPD