Thursday, June 4, 2009
Futures Pointing to a Flat to Lower Open...
BMO - ES +1.00 and NQ - 1.25 are flat to lower in pre-market trading pointing to a flat to lower open. Watch the 200 DMA support levels and yesterday's lows in the 923 area as a key to whether prices are likely to hold or go lower. If prices open flat and move higher that could indicate that Wednesday's late day support bounce is going to continue.
Look at these charts...
(click image to enlarge)
At the Open on Thursday
SPY – break low of high day
KOL – break low of high day
USD – break low of high day confirm bearish harami
FAS – break low of high day
CTV – break low of high day
JOYG – white spinning top
X – break low of high day
ADBE – doji break low of high day
OSG – fell to 30 DMA
ZION – break spinning top
UNG – break low of high day
NTAP – fell to 30 DMA
FWLT – break low of high day
SHLD – bearish harami, above S1
ISRG – bearish harami above S1
ORLY – large white candle
CELG - large white candle breakout continuation
GENZ – white candle horizontal breakout
GILD – large white candle support bounce
BIDU - white candle new high close
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment