Monday, September 20, 2010

Futures Point to a Higher Open...

ES +3.25 and NQ +5.00 futures are higher in pre-market trading and point to a higher open...

TLT is up 48 cents and the EURO is down 18 pips...

More stocks are moving higher than down on moderate pre-market volume...Watch for a potential horizontal resistance breakout on the SPX...

SPX
Resistance: 1,130, 1,148
Support: 1,115, 1,100, 1,086

Trading Down - USD, X, PNC, TBT, CREE, ACN, CERN, EXPE, ADSK, XLNX, AKAM

Trading Up - PCLN, NFLX, FFIV, HAS, POT, CRM, FCX, VMW, CHL, GMCR, TLT, SKX, GS, MOS, AGU, RVBD, MA, FDX, RMBS, BYI, PCP, CRUS, WFMI, V, VECO, DE, GOOG, FSLR, WYNN, PCAR, AAPL, ADBE, GRMN, CELG, NTAP, BBBY, CTXS, BRCM, DTV, STX, INTU

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