Futures Point to a Lower Open...

BMO – ES -6.00 and NQ -9.00 futures are slightly higher in pre-market trading pointing to a slightly higher open. AAPL -1.13, AMZN -0.97, GOOG -2.47 and BIDU +0.03 are mixed in pre-market trading.


The SP futures are lower overnight. Watch the 1,092 short term support area (Tuesday's low) on the SPX. If price does not stay above this area expect price to move lower.

The Euro is down 50 pips in overnight trading. Oil is quoting down 52 cents in electronic trading. XLE is up 4 cents in pre-market trading.

SPY is down 68 cents in pre-market trading. XLF is down 5 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
Resistance = 1,100 - 1,106
Trading Down: FLS, PCLN, FAS, GME, FCX, POT, BAC, X, USO, CAT, TSL, ATI
Trading Up: BUCY, MHS, FAZ, MOS, NFLX

At the Open on Thursday

SPY –
QQQQ –
FAS –
CF –
UAUA –
DOW –
X –
CREE –
ALGT –
ALTR –
NFLX –
RIMM –
BA –
STX –
DE –
WHR –
AMLN –
ZION –
STT –
GMCR –
IPI –
SHLD –
BUCY –
DHR –
V –
NVDA –
AMD –
PCLN –
DECK –
CAT –
PCP –
UNP –
POT –
AGU –
ACN –