Futures Mixed Point to a Flat Open...

BMO – ES -2.00 and NQ +1.50 futures are mixed in pre-market trading pointing to a flat open. AAPL -0.17, AMZN +0.04, GOOG -0.40 and BIDU +0.48 are mixed in pre-market trading. The big news this morning is PCLN +13.97, +6.56% reported 1.99 vs. estimates of 1.68. The SPX closed at 1,099 which is horizontal resistance be prepared for a pause or pull back. Wednesday was the high day. Short term support is Tuesday’s S1. The Euro is down 20 pips in overnight trading. Oil is quoting down 47 cents in electronic trading. XLE is down 7 cents in pre-market trading. SPY is down 5 cents in pre-market trading. XLF is down 4 cents in pre-market trading. Watch XLF as a key to any sustained move in the SPX. Follow your rules in any trading actions today. Be logical. SPX Support = 1,087…1,082…1,075 Resistance = 1,106 - 1,117 Trading Down: WCG, WMT, GS, FCX, CHL, FAS, USO Trading Up: PCLN, SWN, DE, HDB, POT, GMCR, FAZ, CAM Look at these Charts… (click image to enlarge) At the Open on Thursday SPY – QQQQ – FAS – CF – UAUA – ALGT – ALTR – NFLX – CREE – RIMM – BA – STX – DE – WHR – AMLN – ZION – STT – GMCR – DOW – X – IPI – SHLD – BUCY – DHR – V – NVDA – AMD – PCLN – DECK – CAT – PCP – UNP – POT – AGU – ACN –