ES and NQ futures are just below even shortly before the open...individual stocks are mixed in light volume in pre-market trading...TLT is 1.71 higher and the Euro is up 71pips.
Moving Down: ESI, PCLN, AGU, CREE, GS, NFLX, UNP, FFIV, ATI, CAT, SNDK, BA, JEC, FAS, AAPL, PCLN, WYNN, GOO, RIMM, AKAM, FSLR, ISRG, BRCM, LIFE, WCRX
Moving Up: CSTR, ICE, MA, VECO, VMW, CHL, FCX, SPG, ATW, SKX, SWK, CMG
Continue to stay with bearish trades that fail to break the high of the low day and follow your rules for exiting those that bounce...
Watch up trending stocks that made a new low day Thursday or Friday for a potential support bounce entry...
Support Bounce Setups for Monday: NYX, GS, DE, FLS, GES, GME, PCP, SWK, BUCY, FFIV, HAS, CRUS, GMCR, HLF, CAT, CRM, MCD, X, WMT, WLT, FCX, URE, UNP, SPG, CLF, CMG, LXK, CAM, UAUA, CAL, TIE, DLR, UPS, FDX, VOD, NTES, RVBD, SINA, NDAQ
N100 Flags: MICC, CTSH, INTU, QCOM, BIDU, EXPD, EXPE, JOYG, WYNN, GOOG, LOGI, ILMN, AMZN, HOLX
Dave is traveling today to teach an Advanced Technicals Workshop in Orlando...
Monday, August 16, 2010
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