Futures Point to a Slightly Higher Open...

Dave is teaching an AT Workshop in Dallas this morning...

BMO – ES +3.00 and NQ +3.75 futures are higher about 60 minutes before the open in pre-market trading and point to a higher open… so far this morning volume is light and a similar number of stocks are quoting up and down in pre-market trading…it looks as if quarter ending window dressing may still be helping keep the market from rolling over in a broad manner…

TLT is down 21 cents and the Euro is above the 1.4036 resistance area and down 11 pips in premarket trading…

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

Dave’s Insight for Tuesday: Continue to follow your rules. The short term trend is still up…even though Friday’s bearish candles were barely confirmed Monday on the SPX and COMPQ…many stocks are still above their 30 DMA…stay prepared for a possible market roll over…

SPX
Resistance: 1,311, 1,321, 1,330
Support: 1,288, 1,281, 1,271

Quoting Down – APOL, AAPL, ESI, ATI, CAM, SLB, UCO, CRM, WLT, NETL, DECK, ACN, RVBD, CMG, SNDK, SLW, EXPE, FSLR

Quoting Up – MCP, JEC, NTES, VRTX, NFLX, AMZN, WYNN, GOOG, HLF, SOHU, ARUN, CHL, SINA, GMCR, NYX, LVS. X, MOS, CAT, INFY, FFIV, EBAY, QCOM