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

BMO – ES -0.50 and NQ -1.75 futures are flat to slightly lower about 20 minutes before the open in pre-market trading and point to a flat to lower open… volume is light for pre-market with a similar number of stocks quoting up and down…Financial stocks, XLF is quoting down 1 cent on 3,600 volume in pre-market…

TLT is down 7 cents and the Euro is down 70 pips in premarket trading…

NDX leaders AAPL, AMZN, BIDU, GOOG, and QCOM are quoting down in pre-market trading…NFLX is higher and PCLN is flat…

Dave’s Insight for Wednesday: Stay with the current bull flag support bounce…Look for potential short term exits as price nears old resistance…Continue to follow your rules…Stay with the trend… Continue to watch XLF for support of the SPX bounce…Manage your trades based on the price action you see on the charts…

SPX
Resistance: 1,352, 1,367, 1,384
Support: 1,344, 1,330, 1321

Quoting Down – IL, MCP, FCX, CHL, UCO, CRM, SLW, CLF, VLO, CF, URE, SOHU, NYX, ACN, SLB, MOS, GOOG, CTXS, BMC, INFY, LRCX, EBAY, AMZN, JOYG, VMED

Quoting Up – NFLX, ISRG,NTAP, SINA, CMG, LVS, UAL, PCX, SRCL, ADBE, WFMI, PCAR, MICC