Futures Point to a Lower Open on Expiration Friday...CRM Up 10%...

BMO - ES -5.00 and NQ -7.25 are lower in pre-market trading pointing to a lower open...AAPL -0.68, GOOG -0.53, AMZN -0.36, BIDU -0.84, PCLN +1.35 and NFLX +0.03 are trading light volume in pre-market trading this expiration Friday...

Watch Thursday's S1 level at 1,190 on the SPX as key short term support and watch the horizontal support on the key NDX stocks above...trading has remained in a relatively narrow range on recent expiration Friday's, so don't be surprised if that occurs today after Thursday's strong bounce...

TLT is up 21 cents and the Euro is up 32 pips...

CRM is up +11.73, +10.27% after earnings...

Trading Down - WYNN, INTU, VRTX, ADSK, FLS, FCX, WFMI, FDX, WLT, CLF, ATI, NTES, MOS, POT, CREE, FAS, JEC, MA, SWK, TSL, BA, CAT, URE, CSTR, INFY, GOOG, AAPL, BIDU, RIMM, AMZN, NTAP, COST

Trading Up - CRM, PCLN, DECK, LVS, DE, VMW, FFIV, RVBD, CMG. DLR, TLT, SOHU, CF, BUCY, FSLR, MRVL, DELL, AMGN, ROST, CSCO