Futures Pointing to a Flat to Lower Open...

3:20 pm ET - Broad indices have rallied from their low of the day to near breakeven...both the SPX and RUT are down less than 1 point...we'll see you this evening our end of day post... 10:30 am ET - It has been a volitile first hour of trading...the VIX +1.31 is up to 24.40 and the SPX -5.45 is down...the NQ futures had two 10 point swings from 1,590 to 1,600 in the first 35 minutes before breaking 1,590 and dropping to 1,581...so far this morning that round number 1,600 resistance is holding...Key stocks AAPL and BIDU gave back their early gains and have turned negative ...FSLR is still up for the morning but gave back about $5 of early trading gains...FUQI rose to horizontal resistance and pulled back just like the Nasdaq...the broad indices are holding above Friday's lows... BMO – ES -3and NQ -2 futures are flat in pre-market trading pointing to a flat to lower open. Futures were flat but have started modestly to drop about 10 minutes before the open. Thursday and Friday's high is an area of short term resistance. Earnings of Interest Monday: AMED, AMGN, JEC, TEVA, VLO Look at these Charts… (click image to enlarge) At the Open on Monday SPY – QQQQ – BIDU – FUQI – GMCR – SHLD – BDK – FAS – FAZ – JOYG – STT – X – ADBE – AAPL – PCLN – GES – NFLX – PWRD – ALGT – JOSB – PRU – ARO – ISRG – FSLR – EBAY –