Futures Point to a Slightly Higher Open... More Stocks Up than Down...

BMO – ES +2.50 and NQ +5.25 futures are higher about 20 minutes before the open in pre-market trading and point to a higher open… so far this morning volume is light and a larger number of stocks are quoting up than down in pre-market trading…

TLT is up 41 cents and the Euro is above 1.4036 resistance and down 57 pips in premarket trading…

NDX leaders AAPL, BIDU, GOOG and PCLN are higher...NFLX is lower…

Dave’s Insight for Friday:  Continue to follow your rules.  Be alert for entry signals in the uptrend direction as the SPX is above the 1,300 resistance area and the short term trend is still up… the SPX is at its 30 DMA and is poised to break above…many stocks are in a similar technical position…

F is just one of many C Pattern entries...

SPX

Resistance: 1,311, 1,321, 1,330

Support: 1,288, 1,281, 1,271

Quoting Down – RIMM, NFLX, MICC, URBN, WDC, DECK, SLB, MCP, TVT, ESI, FAZ, CRM, GMCR

Quoting Up – ACN, PCLN, AAPL, WYNN, ISRG, INFY, ORCL, CEPH, SINA, LVS, WLT, CMG, SWKS, JNPR, NTES, RVBD, VMW, TLT, SLW, DE, GS, CLF, POT, ARUN, IL, UAL, ATW, CF, IPI, BIDU, ALTR, FSLR, AKAM, CTSH, JOYG, FAST, FFIV, SIAL, SYMC, LRCX, BBBY, EXPD, CTRP, GOOG, TEVA, SBUX, NTAP, XRAY, SHLD