Futures Point to a Slightly Higer Open on Light Pre-market Volume...

BMO – ES +3.50 and NQ +8.25 futures are higher 80 minutes before the open in pre-market trading and point to a slightly higher open…volume is light for pre-market with a similar number of stocks quoting down and up…Financial stocks, XLF is up 3 cents on 500 shares in pre-market at this time…

TLT is down 20 cents and the Euro is up 7 pips in overnight trading…

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

Dave’s Insight for Tuesday: flat Euro…flat bonds… Financials up slightly…setting up a slightly higher open …while we expect this support bounce to continue be prepared for a modest pull back to shake weak sellers out in the consolidation area of last month’s resistance…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 – CMG, ESI, CHL, GRPN, FFIV, ANR, ATI, FAS, MCP, SNDK, AAPL, BIDU, PCLN, NFLX, AMZN, INTU, CTSH, KLAC, CHRW, FFIV, DELL

Quoting Up – LNKD, ICE, CF, CRM, TIF, IBM, VECO, SLB, GS. MOS, ALXN, GOOG, CTXS, FSLR