Futures Point to a Higher Open...

BMO – ES +5.00 and NQ +10.00 futures are near higher in pre-market trading about 20 minutes before the open and point to a higher open…

TLT is up 58 cents and the Euro is flat in premarket trading…

NDX leaders GOOG, AMZN, ILMN, NTAP, AAPL and FFIV are higher in pre-market trading…

Setup Charts to Watch

Bull Flag Setups – CAT, TBT,  ATW, CREE, SINA, BYI, SNDK, NETL, GME, USD, UNP, AMD, CRUS, XLF, FAS, WFC, BAC, GS, PNC, ZION, CSTR, DE, F, FLS, RMBS, SLB, SWK

Horizontal Breakout – WLT, JEC, GES, GR, WYNN, DOW

MACD Divergence – LDK, TSL, JASO, LVS

Bear Flag Setups – NFLX, LXK, CMG

Horizontal Support Breakout – SKX

SPX

Resistance: 1,241, 1,256

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

Trading Down – IPI, FSLR, GS, CAN, TBT, GES, SWN, BA, AKAM, TEVA, RIMM, CTRP, XLNX, FISV

Trading Up – GOOG, AMZN, ILMN, NTAP, FCX, CLF, CMG, DECK, WLT, CF, RVBD, MA, LVS, FDX, SINA, V, X, SWK, WHR, TLT, ATI, VECO, DE, CRM, CAT, HOLX, SOHU, SLB, SNDK, NETL, AGU, URE, TSL, AKS, CHL, DOW, FAS, MCD, MICC, AAPL, BBBY, FFIV, CTSH, BIDU, COST, DLTR, NFLX, MXIM, BRCM, QCOM, WFMI, PAYX, DTV, ADBE, NVDA