Futures Point to a Flat to Lower Open...

BMO – ES -2.00 and NQ -2.75 futures are slightly lower in pre-market trading about 75 minutes before the open and point to a flat to slightly lower open…

TLT is up 35 cents and the Euro is down 13 pips…

This is triple witching options expiration week which is generally not a week with a strong downward bias be prepared for a short term break of support if it does occur... read Tuesday's night's post for more insight on the mixed technical signals yesterday...

Setup Charts to Watch

Bull Flag Setups – CREE, FFIV, SINA, BYI, VMW, AKS, SNDK, NETL, GME, USD, UNP, UNG, CAKE, AMD, CRUS, DHR

Horizontal Breakout – STLD, HSY, ATW, GR

MACD Divergence – LDK, TSL, JASO

SPX

Resistance: 1,241, 1,256

Support: 1,220, 1,209, 1,200

Quoting Down – GOOG, FCX, GS, CHL, SLB, PNC, LXK, TVT, AGU, LVS, FAS, GMCR, CTRP, VOD, MICC, BIDU, LOGI, SRCL, PCAR, NFLX, SHLD, AMGN

Trading Up – JOYG, FSLR, WYNN, ATI, POT, ESI, CMG, SOHU, V, CAT, MOS, TLT, HAS, IPI, GES, VECO, DLR, NYX, ADSK, NVDA, EXPE, RIMM, FWLT, ADBE