Futures Pointing to a Slightly Lower Open...

10:00 am ET - Consumer sentiment reading comes in at 69 below forecast...SPX moves lower as soon as announcement is released... BMO - ES -4 and NQ -4 are lower in pre-market trading pointing to a slightly lower open. Consumer Sentiment numbers are to be released about 25 minutes after the open. Forecasts call for a 70.0 reading. Lower than expected number could push prices toward support while a better than expected reading could push prices toward resistance. Expect the markets to continue their recent trading range of the past two weeks between support 925 and resistance 945 - 955. Look at these charts... (click image to enlarge) At the Open on Friday SPY – USD – ISRG – SHLD – DDS – NTAP – DECK – MICC – FAS –