Futures Point to a Mixed Open...

BMO – ES -1.75 and NQ +3.75 futures are mixed about 30 minutes before the open in pre-market trading and point to a mixed open on Tuesday…volume is light for pre-market with slightly more stocks quoting down than up…Financial stocks, XLF is quoting down 6 cents on 33,300 volume in pre-market…

TLT is up 44 cents and the Euro is down 56 pips in premarket trading …

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

As of Friday the SPX had moved up 72% of the distance between the support and resistance range of the past three months…

Earnings season starts next Monday, July 11...

Dave’s Insight for Tuesday:  After five straight days up, traders should be prepared for a potential pull back in the short term trend…the first key short term support is the S1 on Friday’s large white candle…Exit at your targets and move your stops up to protect your profits in case the short term trend does come to an end…Continue to follow your rules…Watch XLF as a key factor for support bounce continuation…

SPX

Resistance: 1,344, 1,359, 1,370

Support: 1,330, 1,321, 1,310

Quoting Down – MCP, WTW, VMW, GMCR, VECO, V, RVBD, GS, TBT, FAS, ACN, PCLN, ISRG, FISV, AMZN, GMCR, SRCL, CERN, WYNN, AAPL, SIAL, ALXN, DLTR, BBBY, CTSH, SBUX

Quoting Up – NFLX, GOOG, BIDU, SINA, AGU, SOHU, CF, UCO, SLW, POT, SNDK, WLT, NETL, CDE, FAZ, INFA, DE, TLT, MOS, TIF, JNPR, ANF, IAG, QGEN