Futures Pointing to a Higher Open...FOMC Announcement at 2:15 pm ET...

BMO – ES +4.00 and NQ +7.00 futures are higher in pre-market trading pointing to a higher open. AAPL +0.78, AMZN +0.81, GOOG +5.75 and BIDU +2.31 are higher in pre-market trading. The Euro is up 11 pips in overnight trading. Oil is quoting up 60 cents in electronic trading. XLE is up 32 cents in pre-market trading. The FOMC meeting will end today with their interest rate announcement at 2:15 ET. This may influence short term traders as some traders like to wait until the announcement. This Friday is triple witching with options and futures expiration. SPY is up 44 cents in pre-market trading from Tuesday’s close. Stay prepared for a breakout of resistance or a potential pullback to support in this five and a half week trading range. Financials, XLF, is up +7 cents in pre-market trading. Follow your rules in any trading actions today. Be logical. Dave is teaching an Advanced Technical Workshop with more than 300 traders in San Francisco today. SPX Support = 1,087…1,082…1,075 Resistance = 1,106 - 1,117…1,125 – 1,133 Trading Down: Trading Up: AKAM, JOYG, UAUA, RIMM, X, FCX, XLE Look at these Charts…NVDA, JOYG, BUCY, X... At the Open on Wednesday SPY – QQQQ – FAS – X – DOW – UAUA – V – JOYG – NVDA – LRCX – WHR – AAPL – AKAM – AMD – CREE – KLAC – PCLN – DECK – NFLX – ISRG – FLIR – CAT – DE – PCP – UNP – PNC – STLD – AMLN – POT – AGU – AMZN – RIMM – ACN –