Retail Sales and Jobless Claims Impact the Open...

BMO - ES +1 and NQ +3 are slightly higher in pre-market trading pointing to a flat or slightly higher open. At 8:30 am ET both the Jobless Claims and Retail Sales reports are due for release and likely will have an impact on the opening. Jobless claims are forecasted at 625K and Retail Sales at +0.6%...so watch for these announcements before the open. Look at these charts... (click image to enlarge) At the Open on Thursday SPY – black spinning top at resistance KOL – black spinning top USD – hanging man FAS – black candle JOYG – black spinning top BIDU – bearish engulfing ADBE – white spinning top X – white candle horizontal breakout +6.11% ISRG – doji above 200 DMA FWLT – black spinning top SHLD – black spinning top UNG – black spinning top NTAP – black spinning top ZION – black spinning top CTV – black spinning top AAPL – black spinning top confirm hanging man RIMM – black spinning top VPRT – white candle continuation support bounce +4.01% DECK – white candle 200 DMA breakout +2.39% MICC – black spinning top at 20 DMA GES – bearish engulfing TRLG – bearish engulfing DDS – dragonfly doji SCHN – large white candle breakout continuation +5.06% MRVL – hanging man bounce at S1