BMO – ES +14.25 and NQ +24.50 futures are higher about 20 minutes before the open in pre-market trading and point to a higher open…volume is moderate for pre-market with more stocks quoting up than down…Financial stocks, XLF is up 18cents on 258,800 shares in pre-market at this time…
We express appreciation to all Veterans today for their sacrifice and service to our country.
Markets perceive progress in Greece and Italy expecting a new PM in Greece by the weekend and the possibility of a new leader in Italy
SPX
TLT is down -67 cents and the Euro is up 69 pips in overnight trading…
NDX leaders AAPL, AMZN, BIDU, GOOG and QCOM are quoting higher…PCLN is unchanged…
Dave’s Insight for Friday: higher Euro…lower bonds…Financials higher…setting up a higher open …the SPX is continuing Thursday’s support bounce…SPX price target is still 1,363 within the 10 week time window we mentioned when it broke out two weeks ago…use the bounce above the high of the low day as a new entry opportunity according to your rules…move stops to protect profits also according to your rules…Always follow YOUR rules at entry, exits and stops...
Chart Signals will be watching XLF, TNX and VIX today as key factors in any SPX move…
SPX
Resistance: 1,249, 1,260, 1,273
Support: 1,230, 1,216, 1,205
Quoting Down – MCP, FAZ, TLT, INFY, TEVA
Quoting Up – GOOG, CMG, FAS, GS, IBM, DECK, CRM, WLT, CAT, SLB, SINA, LNKD, CLF, CF, TIF, DE, V, ANR, FCX, NKE, POT, GMCR, HAL, C, MOS, GLW, UNP, X, SWN, SNDK, VMW, NVDA, SWKS, WDC, LVS, JNPR, DOW, SOHU, CROX, PCX, UAL, RCL, WYUNN, BIDU, AAPL, AMZN, CERN,JOYG, NFLX, GMCR, VMED, CMCSA, ISRG, AKAM, SNDK, QCOM, BRCM, NVDA
1 comment:
Nice point
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