Futures Point to a Higher Open as Financials Continue Friday's Rise...

BMO – ES +15.00 and NQ +27.75 futures are higher 90 minutes before the open in pre-market trading and point to a higher open…volume is light for pre-market with a more stocks quoting up than down…Financial stocks, XLF is up 21 cents on 21,400 shares in pre-market at this time…

TLT is down -$1.18 and the Euro is up 34 pips in overnight trading…

NDX leaders AAPL, AMZN BIDU, GOOG and PCLN are quoting higher…QCOM no change on no volume…

Look to Financials for entry opportunities...see Friday's post...

Dave’s Insight for Monday: higher Euro…lower bonds… Financials up…setting up a higher open …After Thursday and Friday’s pause in SPX, INDU and RUT stocks are moving higher…expect this support bounce to continue…and Yes, Charts don’t lie so based on what is more likely we still expect the 1,363 chart target to be achieved by year end…Follow YOUR rules for entry, exits and stops...TRADE THE TREND…

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

SPX
Resistance: 1,249, 1,260, 1,273, 1,288
Support: 1,230, 1,216, 1,205

Quoting Down – FAZ, TLT, RIMM, ADSK

Quoting Up – CRM, FAS, CLF, VMW, GS, WLT, CF, FFIV, ATI, IBM, CAT, URE, DHR, LNKD, DE, SINA, SLB, LVS, ANF, POT, GES, RCL, FCX, X, V, ANR, HAL, C, SNDK, MCP, A, TIF, NKE, INFA, MOS, SOHU, COW, UCO, ZAGG, SWK, TBT, JNPR, ICE, NVDA, GOOG, PCLN, AAPL, AMZN, ALXN, FFIV, BIDU, NFLX, DLTR, BIIB, DTV, GMCR, WYNN, JOYG, SIAL, MCHP, AMGN, PCAR, SBUX, ORCL