Futures pointing to a Lower Open...

9:58 am ET - Consumer Sentiment reports at 70.8 above forecasts...stocks pull back... 9:45 am ET - ES and NQ futures start to rally afte a lower open...AAPL, AMZN, MRVL, JOYG all moving up...watch for potential catalyst up or down from Consumer Sentiment in about 10 minutes... BMO - ES -4 and NQ -8 are lower in pre-market trading pointing to a slightly lower open. Stocks rallied in the last 20 minutes before the close on Thursday and the surge was even stronger in bank stocks and materials stocks as XLF and XLB pushed to a new intra-day high near the close. Watch bank, financial and material stocks this morning to see if the surge carries over this morning. Consumer Sentiment is to be released at 9:55 am ET is forecasted at 69.7 up from 69.0 could be a catalyst for traders shortly after the open... Look at these charts... (click image to enlarge) At the Open on Friday SPY – bullish engulfing +2.18% QQQQ – bullish engulfing +1.97% FUQI – doji at 20 DMA -4.59% ESRX – horizontal breakout +2.43% DECK – bullish engulfing +5.78% AAPL – large white candle +2.67% QCOM – large white candle +2.36% SHLD – large white candle +3.12% MRVL – outside day white candle +1.95% STT – white candle continuation +2.02% PCLN – white candle continuation +3.04% ICE – hanging man +1.10% JOYG – bullish engulfing +1.21% X – bullish engulfing +2.36% FAS – bullish engulfing +5.28% SPG – bullish engulfing +1.88% GMCR – spinning top continuation +2.41% AMZN – large white candle continuation +3.70% MUR – white candle continuation +2.92% AMX – large white candle continuation +4.06%