BMO – ES -3.75 and NQ -0.50 futures are mixed 20 minutes before the open in pre-market trading and point to a flat to lower open…volume is light for pre-market with a similar number of stocks quoting up and down…Financial stocks, XLF is down 2 cents on 2,700 shares in pre-market at this time…FAS is down -62 cents…
TLT is up 12 cents and the Euro is up 11 pips in overnight trading…
NDX leaders AAPL and AMZN are higher…BIDU, GOOG and QCOM are lower…PCLN has not traded…
Dave’s Insight for Tuesday: slightly higher Euro…slightly higher bonds… Financials slightly lower…setting up a flat to slightly lower open … …the Euro continues to hold the 1.30 support area which is bullish…Follow YOUR rules for entry, exits and stops...TRADE THE TREND…
We continue looking at second chance opportunities for entry on Setups of MACD Bullish Divergence, Diagonal Breakout, Higher Lows and Higher Highs with Higher Lows…Intermediate term entries are also a go with the MF Green line turning up last Tuesday…
Chart Signals will be watching VIX to see if it stays below 25...XLF and TNX today as key factors in any SPX move…
SPX
Resistance: 1,260, 1,273, 1,288
Support: 1,249, 1,230, 1,216
Quoting Down – SHLD, BIDU, COH, FAS, JNPR, CAT, FCX, CMG, DOW, MOS, ORLY
Quoting Up – VMW, DECK, V, LVS, FAZ, FOSL, AAPL, ROST, INFY, HANS, ALXN
1 comment:
Great futures
Post a Comment