Futures Point to a Higher Open...PCLN Gaps Higher Following Earnings...

BMO – ES +7.25 and NQ +19.25 futures are higher about 40 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 12 cents on 17,900 shares in pre-market at this time…

TLT is down 58 cents and the Euro is up 21 pips in overnight trading…the Euro found support last Tuesday at the 1.3600 area which continues to hold…

NDX leaders AAPL, AMZN, BIDU, GOOG, PCLN and QCOM are quoting higher…PCLN is gapping higher after reporting earnings Monday after the close

Dave’s Insight for Tuesday: higher Euro…lower bonds…Financials higher…setting up a lhigher open …the SPX continued its support bounce on Monday…SPX price target is still 1,363 within the 10 week time window we mentioned when it broke out two weeks ago…use pull backs as new entry opportunities 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: 1,260, 1,273, 1,300
Support: 1,249, 1,230, 1,216

Quoting Down – FAZ, TLT, ESI, AIT, COH, URBN, LRCX, FAST, PCAR, EXPE

Quoting Up – PCLN, CF, URE, SINA, GMCR, TPX, CAT, NKE, WLT, GS, MCP, CLF, LNKD, MOS, ANR, CMG, POT, SLB, FCX, CREE, V, RVBD, HAL, DE, C, SWKS, VMW, X, FAS, CRM, LVS, CHL, HLF, ANF, FFIV, TBT, SOHU, JNPR, AAPL, GOG, AMZN, WYNN, BIDU, CTRP, JOYG, NFLX, FSLR, WFM, QCOM, LINT, CTSH, LIFE, NIHD, ATVI, VOD, SBUX, AKAM, ORCL, YHOO