Thursday, August 26, 2010

Futures Point to a Higher Open...

ES and NQ futures point to a higher open and continuation of Wednesday's support bounce...TLT is up 22 cents and the EURO is up 28 pips...

Trading UpNFLX, UNP, PCLN, MA, PCP, BUCY, FFIV, SKX, FCX, CLF, WLT, CREE, VMW, AGU, MOS, WHR, BA, URE, CAT, X, SNDK, V, TIE, POT, DOWN, CRM, VECO, UAUA, MHS, MCD, LVS, FDX, UPS, USD, AMX, FAS, CRUS, VOD, RMBS, GS, PNC, AKS

Trading Down - GES. CMG. FAZ

Support Bounce Setups for Thursday - GMCR, HANS, HLF, PCLN, RVBD, AGU, MCD, POT, GES, CLF, FFIV, LVS, NFLX, VMW, CMG, NTES, CRM, AKAM, NTAP, BIDU, QCOM, MRVL, INTU, CSTR, LXK, CAM, POT, AGU, MOS

Follow your rules for support bounce entry this morning and for tightening stops and exiting bearish trades that break above the high of the low day...

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