Futures Point to a Lower Open After Shangai Tumbles...

BMO - ES -6.00 and NQ -11.25 are lower aboutn 15 minutes before the open pointing to a lower open...During the night stocks on the Shanghai Exchange fell -5.15% after China's CPI came out at a higher than expected 4.4% and fueled concerns over potential interest rate hikes in China...

TLT is down 8 cents and the EUR is up 93 pips...

NVDA  and DIS are higher in pre-market trading after reporting earnings...

Dave's Insight:  Rules produce some of their best results when followed on days like today.

SPX

Resistance: 1,220, 1,234, 1,250

Support: 1,209, 1,200, 1,190

Quoting Down - FCX, PCLN, BUCY, CF, SOHU, SPG, CRM, CMG, CLF, SLB, GS, HLF, WLT, ATW, GMCR, POT, SINA, VMW, MOS, WHR, FFIV, CAT, URE, X, ESI, V, PNC, BA, IPI, FDX, FAS, VECO, PCP, RVBD, TSL, UCO, MCD, DE, NFLX, WFMI, SNDK, MA, SWN, DHR, GR, CSTR, MHS, CREE, ISRG, GOOG, BIDU, FSLR, CHRW, BIIB, CELG, CERN, CTXS, APOL, FWLT, RIMM, AMZN, WYNN, CTSH, GILD, JOYG, TEVA, COST, AKAM, CEPH

Quoting Up - NTES, NTRI, A, LVS, USD, FAZ, RYAAY, FLIR, NVDA, KLAC, LBTYA, HOLX, INTC, EXPD