Take the opportunity to read the January 1 post if you have not already done so and send your email, which can be the first step to making 2011 your best year yet! Don’t miss out on a better 2011…
BMO – ES -4.25 and NQ -5.00 futures are lower about 90 minutes before the open in pre-market trading and point to lower open…stocks are mixed on relatively light pre-market volume…XLK and XLI are up just 0.25% in pre-market trading….Wait for the open and watch for entry/exit signals according to your rules…
TLT is down 82 cents and the Euro is down 130 pips in premarket trading…this could mean lower prices on commodities gold, oil, etc…
NDX leaders AAPL, AMZN, BIDU, GOOG, NFLX and PCLN are lower in pre-market trading…
Dave’s Insight for Wednesday: Follow your rules and only sell on your exit signal…
Setup Charts to Watch
Bull Flag Setups – AGU, MOS, URE, GME, FLS, FCX, AIV, SLB, AZO, IPI, GES, ICE, NTRI, DECK, HSY
Horizontal Breakout – SINA, NTAP, AMZN, CRUS, AKS, UNG, X, PNC, WHR
MACD Divergence – CREE, CAKE, NFLX, CSTR, AKAM, BIDU, LDK
Bear Flag Setups – FFIV, ACN, CAKE, HAS, V, SKX
Horizontal Support Breakout – TBT
SPX
Resistance: 1,281
Support: 1,256, 1,241, 1,220
Quoting Down – MCP, CAM, FCX, X, TLT, CRM, WLT, GS, CMG, DE, CLF, VMW, DECK, NYX, HAS, LVS, UNP, CRUS, CHL, MA, ISRG, CERN, PCLN, NFLX, BIDU, AAPL, GOOG, INFY, JOYG, SRCL, MCHP, CTXS, WFMI, WYNN, ALTR
Quoting Up – MOS, POT, CF, AGU, TBT, IPI, FLS, SOHU, ARUN, MICC, ADSK, QCOM, CTSH, NVDA
No comments:
Post a Comment