Futures Point to a Higher Open...

10:05 am ET - The SPX has touched a new high in early trading at 1,037.75...we'll see if it can hold higher levels unlike yesterday...BDK, FUQI, JOYG and BAC are strong during the first 35 minutes...XLY and XLF are the leading sectors... BMO – ES +5 and NQ +5 futures are higher in pre-market pointing to a higher open. GOOG +0.76, AAPL +1 and BIDU +2 are also higher in pre-market trading. Industrials XLI and Financials XLF seem to be the early leaders in pre-market trading. If pre-market is any indication of what the cash open will be like, it appears that buyers are using the 1,025 level as support and going to try and move stocks higher towards the 1,044 October resistance level once again. This should be another interesting trading day… Look at these Charts… (click image to enlarge) At the Open on Tuesday SPY – QQQQ – JOYG – FCX - DOW – PCLN – FAS - ZION - AGU - DD - AMZN - AKAM - AMX - BIDU - FWLT - CAT - GOOG – ADBE – AAPL – X – FUQI – PWRD – BDK – BAC – BRCM – VPRT – CAM – MHS – NFLX – DE – TGT – PCP –