Dave is teaching a 4 Day Live this week…
If you are in the Las Vegas area on Thursday Nov 17, 6:45 – 8:45 pm, please join us at the Tom and Dave Show live at Bally’s/Paris Las Vegas Hotel during the Las Vegas
Dave will also present on Friday 11:15 am – 12:00 pm on Trading the Trend, Knowing When to Exit
BMO – ES -7.50 and NQ -9.50 futures are lower more than 90 minutes before the open in pre-market trading and point to a lower open…volume is light for pre-market with more stocks quoting down thanup…Financial stocks, XLF is down 2 cents on 2,000 shares in pre-market at this time…
TLT is up 45 cents and the Euro is down 129 pips in overnight trading…following the appointment of a new PM in Greece and Italy
NDX leaders AMZN, BIDU, PCLNB and QCOM are quoting higher…AAPL and GOOG are lower…
Dave’s Insight for Monday: lower Euro…higher bonds…Financials lower…setting up a lower open … SPX price target is still 1,363 within the 10 week time window we mentioned when it broke out four 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: 1,260, 1,277, 1,292
Support: 1,249, 1,230, 1,216
Quoting Down – GS, GAS, UCO, SLB, CMG, TIF, FCX, WLT, DLR, HAL, X, GRPN, CTRP, GOOG, GMCR, JOYG, AAPL, ISRG, AMGN, NFLX, FSLR
Quoting Up – CRM, IBM, FAZ, CAT, TLT, PCLN
1 comment:
Some point i the future.
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