Futures Point to a Highe Open and Support Bounce Continuation...

BMO – ES +5.50 and NQ +10.00 futures are higher about 40 minutes before the open in pre-market trading and point to a higher open…

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TLT is down 3 cents and the Euro is up 90 pips in premarket trading and is near a potential breakout of horizontal resistance made on February 1 …

NDX leaders AAPL, BIDU, GOOG, NFLX and PCLN are higher in pre-market trading…AMZN is lower…

Dave’s Insight for Monday: Continue to re-enter according to your rules.  Enjoy the support bounce continuation in the direction of the trend. 

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Flag Bounce Continuation – PCLN, NTES, RVBD, OPEN, LDK, SWKS, JNPR, GLW, SOHU, ICE, IL, NIHD

Flag Bounce – CRM, NDAQ, VLO, ATI, URE, DISH, DLR, HANS, CAM, NETL, ATW, SWK, CIEN, SMH, AAPL, BIDU, CMG, ARMH, CRUS, FFIV

Breakout – HLF, VRTX

Setups

Bull Flag – AKS, CLF, JDSU, NYX, TSL, HUM, SLB, TIE, MA, SPG, STI, CAT, XL, NFLX, AMZN, LULU, GMCR

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Breakout – IL, LDK, JNPR, DISH, DTV, CAM, PCLN, SLW, CHK, NTES

SPX

Resistance: 1,321, 1,330, 1,338

Support: 1,311, 1,300, 1,281

Quoting Down – FSLR, AMZN, SHLD, ICE, ATI, UNP, FAZ, UCO, CAM, GES, HAS, STX, GILD

Quoting Up – AAPL, JOYG, POT, GOOG, BIDU, FFIV, MICC, WYNN, CTXS, NFLX, HUM, SINA, MOS, CLF, VMW, DE, FDX, CAT, SWKS, WLT, SNDK, FCX, AGU, RVBD, SWN, WHR, A, SLW, X, VECO, IPI, TSL, MCP, FAS, UAL, JDSU, VLO, DOWN, NVDA, V, LVS, LDK, CRUS, GLW, PCLN, CTSH, MYL, RIMM, AKAM, EBAY, VOD