Wednesday, May 6, 2009
Futures Point to a Higher Open...
BMO - ES +7 and NQ +6 are higher in pre-market trading pointing to a higher open. Support bounce appears to be happening and after one pause day markets may be continuing the current uptrend.
(click image to enlarge)
At the Open on Wednesday
SPY – doji bearish harami
SCHN –white spinning top
KOL – hanging man/bearish harami
MEE – hanging man
SNDA – bearish engulfing
ADBE – white hammer
EBAY –large white candle horizontal flag breakout
SHLD – black spinning top
ISRG – white candle new high close
DHR – white candle new high close, above 200 DMA
DE – white spinning top new high close above 200 DMA
RIMM – doji after short term up trend
SPG – bearish harami in ascending triangle pattern
QLD doji bearish harami
FAS – white shooting star bearish harami
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2 comments:
Dave,
Thank you for your postings. I've noticed you used "Fut" to indicate futures are higher.
Ken,
Good job...it's interesting what can happen in the wee hours of the morning!
Dave
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