Wednesday, March 2, 2011

Futures Point to a Flat to Slightly Higher Open...

BMO – ES +2.25 and NQ +3.00 futures are slightly higher about 15 minutes before the open in pre-market trading and point to a flat to higher open…SPY is down -14 cents...

TLT is down -62 cents and the Euro is up 76 pips in premarket trading and is nearing horizontal resistance …

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

Dave’s Insight for Wednesday: Trade with the trend, follow your rules, exit at your targets or stops, look for new entries and re-entry

SPX
Resistance: 1,311, 1,321, 1,330
Support: 1,300, 1,281, 1,271

Quoting DownSINA, CF, MOS, TLT, POT, CLF, BA, URE, LVS, GMCR, FCX, WLT, JOYG, FFIV, AMZN, BIDU, WYNN, SHLD, CTSH, SPLS, ALTR, CELG, PCLN, COST

Quoting UpHLF, MA, NTES, CRM, CMG, TBT, PCP, SLW, SPG, NFLX, AAPL, FSLR, XLNX, YHOO, EXPE, VOD, TEVA

1 comment:

TraderBobb said...

Dave:
Appreciate this blog and all your work.
Robert
CANI_212