BMO – ES +18.00 and NQ +20.50 futures are higher about 30 minutes before the open in pre-market trading and point to a higher open…volume is moderate for pre-market with many more stocks quoting up than down…Financial stocks, XLF is up 22 cents on 136,100 shares in pre-market at this time…
TLT is down -1.50 and the Euro is up 25 pips in overnight trading…the Euro found support which continues to hold…
NDX leaders AAPL, AMZN, BIDU, GOOG, PCLN and QCOM are quoting higher…
QCOM and ANR are gapping up following earnings…WFM is gapping lower…
Dave’s Insight for Thursday: higher Euro…lower bonds…Financials up…setting up a higher open …this week’s drool zone looks to pay off big…bull flag setups…time to enter as entry signals occur…time to exit short term bearish trades to protect profits as they break above the high of the low day…Always follow YOUR rules...
Chart Signals will be watching XLF, TNX and VIX today as key factors in any SPX move…U.S.
SPX
Resistance: 1,249, 1,260, 1,273, 1,300
Support: 1,230, 1,216, 1,205
Quoting Down – ANF, FAZ, TLT, CHL, WFM
Quoting Up – ANR, CF, LNKD, SINA, CRM, FFIV, VMW, IBM, CAT, GS, CLF, DECK, UCO, SLB, POT, FCX, URE, HAL, SWKS, SLW, CDE, MOS, C, RCL, SOHU, FAS, RVBD, GMCR, LVS, CIEN, X, PCX, TBT, CREE, COH, MCP, JDSU, LNG, HLF, WLT, JNPR, GLW, QCOM, GOOG, BIDU, AMZN, VRTX, FFIV, AAPL, WYNN, NFLX, FSLR, QGEN, FAS, STX, TEVA, NWSA, AKAM, MRVL
1 comment:
Higher highs
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