Monday, September 24, 2012

Stock Futures Trading Down In Pre-Market...



BMO – ES - 5.75  and NQ – 9.00 is lower in pre- market…
SPY is down .69 cents in pre-market…

TNX down -0.18 this morning…The intermediate term trend is still up and we noticed on some charts potential bearish candles on Friday…

XLF is down 10 cents…
Euro is down 63 pips
TLT is up 65 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: INTU, BBBY, DELL, CHL, FAZ

Quoting Down:  ISRG, AAPL, GOLD, AMZN, GOOG, PCLN, GMCR, NFLX, FAS, VECO, GS, HLF, SLB, FB

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