Wednesday, June 17, 2009

Futures Mixed in Pre-Market Trading...

BMO - ES -2 and NQ +1 futures are mixed in pre-market trading pointing to a flat to lower opening. SPX closed at the 910 support area...look for either a bounce or break...next support level 890... Look at these charts... (click image to enlarge) Going Down? (click image to enlarge) At the Open on Wednesday SPY – large black candle USD – large black candle did not confirm hammer FAS – large black candle URE – black spinning top AAPL – inverted hammer AMZN – large black candle did not confirm hammer BIDU – black spinning top DECK – bearish engulfing GES – black candle did not confirm hammer JOYG – large black candle SYNA – spinning top inside day did not confirm hammer CTSH – black candle in bull flag FLS – black candle in bull flag DDS – large black candle pull back to support WYNN – inverted hammer bullish harami APOL – inverted hammer did not confirm hammer GS – spinning top in bull flag ESRX – spinning top in bull flag ALGT – large black candle in down trend JOSB – black candle in down trend ESI – doji SLGN – large black candle

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