Dave will be on tastytrade this morning at 9:45 am ET...
BMO – ES +4.75 and NQ +6.50 futures are higher 20 minutes before the open in pre-market trading and point to a higher open…volume is moderate for pre-market with a similar number of stocks quoting down and up…Financial stocks, XLF is up 14 cents on 595,500 shares in pre-market at this time…
BMO – ES +4.75 and NQ +6.50 futures are higher 20 minutes before the open in pre-market trading and point to a higher open…volume is moderate for pre-market with a similar number of stocks quoting down and up…Financial stocks, XLF is up 14 cents on 595,500 shares in pre-market at this time…
TLT is down 3 cents and the Euro is down 9 pips in overnight trading…
NDX leaders AAPL, AMZN, BIDU, GOOG and PCLN are quoting higher… QCOM is lower…
Dave’s Insight for Friday: flat Euro…flat bonds… Financials up…setting up a slightly higher open …while we expect this support bounce to continue this week has been a pattern of shaking weak sellers out …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, MOS, SMH, DOW, TIF, SNDK, SHLD, ALTR, COST, CTXS, XLNX, AMGN, BRCM, INTC
Quoting Up – DECK, FAS, IBM, SOHU, WLT, LNKD, GS, RCL, RVBD, LVS, NKE, V, SWN, GRPN, CRM, SINA, COH, C, CLF, FCX, DLR, FFIV, ESI, MCP, SLB, ANF, FCX, CIEN, GLW, ATI, NDAQ, AAPL, PCLN, DLTR, AMZN, GOOG, CTSH, NFLX, CHRW, BIDU, WFM, INFY, SIAL, FSLR, WCRX, FFIV, SBUX, BBBY, PCAR, ALXN, MYL, GILD, QGEN, TEVA, WYNN
1 comment:
Higher highs
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