Futures Pointing to a Lower Open...

10:02 am ET - The SPX bounces off support and moves higher...BAC, WHR, WLT and AGU Tuesday's charts move higher...BDK last nights webcast virtual trad heads higher also... BMO – ES -4 and NQ -5 futures are lower in pre-market trading pointing to a lower open. GOOG -2.67, AAPL +0.34 and BIDU -0.00 are mixed in pre-market trading. Overnight, ES futures were up about 4 points in Asia and then down about 9 points in European trading. Based on pre-market levels it looks like the ES, SPX and SPY will again open near the Aug 21 S1 level, which is a key short term support level near the low last Thursday which is the lowest level of the past week. Support bounce or break is again the key focus on Tuesday. Be prepared for either move. Trade with the trend of the stocks you are trading. All sectors are either flat or quoting lower in pre-market. Look at these Charts… (click image to enlarge) At the Open on Tuesday SPY – QQQQ – WLT – WHR – AXP – JOYG – PCLN – BDK – BAC – FAS - ZION - AGU - AMX - FWLT - AAPL – X – FUQI – PWRD – FCX - DOW – CAM – MHS – DE – TGT – PCP – ARO – ANF – JOSB – GES – VAR -