Wednesday, May 13, 2009
Futures Pointing to a Lower Open...
BMO - ES -15 and NQ -21 futures are lower in pre-market trader pointing to a lower open. INTC received major fine from EU for sales tactics and retail sales for April lower than forecasted. Futures are pulling back to Tuesday's support low...watch for bounce or break and trade accordingly...
Look at thses charts...is there a potential support bounce in these charts?
(click image to enlarge)
At the Open on Wednesday
SPY – hammer in horizontal flag
FAS – black spinning top bounce off 20 DMA
STT – hammer in bull flag
WYNN – black candle in horizontal flag
KOL – hammer in horizontal flag
SCHN – hammer/bullish harami
EBAY – black spinning top in pennant above 200 DMA
SNDA – white candle support bounce
ZION – black confirm bearish harami two day bull flag
ADBE – black spinning top in bull flag
J NPR – white spinning top in bull flag
CTV – black spinning top in bull flag
BBT – large black candle in bull flag
OSG – hammer in bull flag
EL – black spinning top in bull flag
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