Futures Point to a Slightly Higher Open...

BMO – ES +2.75 and NQ +1.75 futures are slightly higher 30 minutes before the open in pre-market trading and point to a flat to slightly higher open…volume is moderate for pre-market with a few more stocks quoting up than down…Financial stocks, XLF is down 3 cents on 155,200 shares in pre-market at this time…

TLT is down 54 cents and the Euro is down 5 pips in overnight trading…

STX gaps up and TIF gaps down in pre-market trading…

NDX leaders AMZN BIDU and GOOG are quoting higher…AAPL, PCLN and QCOM are slightly lower…

Dave’s Insight for Tuesday:  flat Euro…lower bonds… Financials slightly lower…setting up a slightly higher open …Most stocks are near even in pre-market …Look for a pause near the open as the market appears to look for profit takers after Monday’s strong up day…If profit takers are few, look for the support bounce to continue…Follow YOUR rules for entry, exits and stops...

Chart Signals will be watching XLF, TNX and VIX today as key factors in any SPX move…

SPX

Resistance: 1,205, 1,216, 1,230

Support: 1,177, 1,160, 1,146, 1134

Quoting Down – TIF, COH, GS, TLT, ATI, SNDK, HLF, FAS, SLW, ARUN, WYNN, NFLX, CELG, AAPL,

Quoting Up – STX, VECO, WDC, SINA, DECK, NKE, IBM, ESI, CMG, LNKD, UCO, WLT, POT, FAZ, VMW, CTSH, AMZN, GOOG, RIMM, VOD, YHOO, DLTR