Tuesday, June 16, 2009

Futures Pointing to a Higher Open...

10:00 am ET - so far this Tuesday morning support is holding on the SPX +1.93 at 925.65...stocks from our At the Open list are moving higher... 9:45 am ET - Our support bounce virtual trade set up in our Monday night webcast on AAPL just filled... 9:40 am ET - Our support bounce virtual trade set up in our Monday webcast on DECK just filled... BMO - ES +4 and NQ +6 are higher in pre-market trading pointing to a slightly higher open. If cash markets follow pre-market trading then look for a support bounce and continuation of the June sideways trading range at least after the open. Continue to watch this key support area for bounce or break... Look at these stocks... (click image to enlarge) At the Open on Tuesday SPY – large black candle USD – hammer FAS – large black candle URE – black spinning top AAPL – doji AMZN – hammer BIDU – piercing line DECK – spinning top GES – hammer JOYG – black candle SYNA – hammer CTSH – bull flag CHL – hammer like candle FLS – black candle GOOG – black spinning top SHLD –hammer like candle DDS – spinning top WYNN – large black candle APOL – hammer FWLT – large black candle GR – large black candle

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