Futures Pointing to a Flat to Higher Opening...

BMO - ES +2 and NQ +5 are slighty higher in pre-market trading pointing to a flat to slightly higher open. SPX resistance of 945 to 950 is just above Monday's SPX close of 939.14. Market is still consolidating which is a trend continuation pattern not trend reversal. You must look to and trade trend first and be mentally prepared for trend reversal which is a lower probability at this time... Look at these charts... (click image to enlarge) At the Open on Tuesday SPY – spinning top KOL – hammer USD – white spinning top FAS – white spinning top JOYG – doji BIDU – white hanging man ADBE – black spinning top X – doji ISRG – black spinning top above 200 DMA FWLT – black spinning top SHLD – white spinning top UNG – doji NTAP – white spinning top ZION – doji CTV – hammer AAPL – doji RIMM – white spinning top at horizontal resistance VPRT – white spinning top DECK – white candle at horizontal resistance potential breakout MICC – black spinning top at 20 DMA GES – spinning top at horizontal resistance TRLG – doji on horizontal breakout