Thursday, September 6, 2012

Stock Futures Look to Open In The Positive...


BMO – ES  + 6.25 and NQ + 11.75 …is up in pre- market…SPY is up + .76 in pre-market…

XLF is up 7 cents…
Euro is unchanged….
TLT is down 79 cents…


Chart Targets
SPY = 143.10 S&R Measuring
ES = 1,425.75 S&R Measuring

Short-term support at
140.22, 139.80 = SPY
1,403, 1,395, 1,387 = ES
2,750, 2,743, 2,700 = NQ



The trend is still up but prices are consolidating in a bull flag pattern…follow your rules for entry, exit, adjust stops to protect profits at this time according to your rules...


Quoting Up: GOLDSHLD, PCLN, GOOG, AAPL, AMZN, SNDK, CELG, BIDU, FAS, CMG, IBM HLF, VMW, DE

Quoting Down:  WCRX, STX, VOD, CLF, WDC, FAZ, NKE

1 comment:

Anonymous said...

Dave, you are so gooooooooooooooooood! you nailed the SPY target. Thnaks.

ps. could you make the code words to enter comments easier. This is my 3rd try. Hope you get this.