Futures Pointing to a Higher Open...

12:54 pm ET - SPX surges 17 points to 1,086, last weeks support bounce is really paying off...CAT is up 4.17%, POT +3.18%, AKAM +1.37% and ACN +1.53%...AKAM, ACN are breaking out...CAT near horizontal resistance and POT still in support bounce... BMO – ES +10 and NQ +17.50 futures are higher in pre-market trading pointing to a higher open. AAPL +2.72, AMZN +1.10, GOOG +5.65 and BIDU +6.73 are mixed in pre-market trading. The Euro is surging up 143 pips in overnight trading and oil is quoting up 84 cents in electronic trading. XLE is up 84 cents in pre-market trading. The SPX short term trend is up and continuing its support bounce which started last week. If the SPX breaks through its 1,075 resistance, look for a move towards 1,100 again this week. SPX Support = 1,061…1,056 Resistance = 1,075…1,100 Trading Down: ACN Trading Up: CAT, DE, NKE, CREE, JOYG, PCLN, AAPL, AMZN, BUCY, SNDK. NFLX, FCX, POT, ISRG, FAS, PNC, AKAM, CSX Look at these Charts… (click image to enlarge) At the Open on Monday SPY – QQQQ – XLE – ATW – V – AAPL – AMZN – BUCY – SNDK – CREE – DECK – NFLX – NKE – FCX – JOYG – CAT – POT – ADSK – SWK – BDK – WLT – WHR – ACN – ISRG – FAS – PNC – AKAM – ORLY – SYMC – PCLN – CSX – UNP –