Futures Pointing to a Slightly Higher Open...

BMO – ES +1 and NQ +3 futures are slightly higher in pre-market trading pointing to slightly higher open. AAPL +1.80, GOOG +2.53 and BIDU +1.05 are also higher in pre-market trading. The Euro is up 87 pips overnight.

RIMM reports earnings after the close today.

SPX Support = 1,061 Resistance = 1,075 Keep trading the trend of the chart you have positions in, while looking for any move below last Thursday’s low. Wednesday’s price action while a dramatic range expansion did not go below last Thursday’s low. Until the SPX breaks above 1,075 or below 1,061 it continues inside its horizontal bull flag. Look at these Charts… (click image to enlarge) At the Open on Thursday SPY – QQQQ – AAPL – BIDU – FSLR – GOOG – BDK – CAT – DOW – FLS – FWLT – WHR – X – JOYG – PCP – AXP – BAC – FAS – SPG – STT – ZION – WLT – FUQI – PWRD – FCX – CAM – ARO – GES – FLIR – JCI – FAST – JCG – UAUA –