Monday, September 17, 2012

Futures Point to a Flat to Lower Open...AAPL, FB, TLT Higher...

BMO – ES -2.00  and NQ +1.00 is slightly higher in pre- market and point to a flat to slightly lower open…SPY is down 22 cents in pre-market…TNX down -0.18 this morningThe intermediate term trend is still up and we noticed on some charts potential bearish candles on Friday…

XLF is down 5 cents… 
Euro is down 3 pips
 TLT is up 70 cents… 

Be sure you are now following the December futures with a Z in the symbol, Sep U symbols expire Thursday and are now trading lower volume 

Chart Targets

SPY = 147.88 2.61 Fib 
ES = 1,473.50 2.61 Fib
Eur/Usd = 1.3095 1.60 Fib, 1.3345 S&R Measuring.

Short-term support at
144.39, 143.09 = SPY
1,438.75, 1,421.50 = ES
2,802.50, 2,775, 2,750 = NQ

Follow your rules for entry, exitadjust stops to protect profits at this time according to your rules...Stay alert on short-term trades for a possible short-term pullback.


Quoting Up: AAPL, TSLA, SWI, TLT, FB, CMG, CRUS, SINA, BIDU, GOLD, WYNN, FFIV, EBAY, FSLR

Quoting Down:  FAS, CLF, DECK, IBM, GS, X, DE, CHL, C, WDC, FCX, CTXS, GOOG, NFLX, FOSL, PNRA, ESRX, AMGN, PCLN, BBBY, SBUX

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