Futures Point to a Higher Open...Euro Higher...

BMO – ES +0.25 and NQ +5.25 futures are up 80 minutes before the open in pre-market trading and point to a slightly higher open…volume is light for pre-market with many more stocks quoting up than down…Financial stocks, XLF is up 4 cents on no volume shares in pre-market at this time…FAS is up 6 cents…

TLT is down 43 cents and the Euro is up 39 pips overnight…

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

Dave’s Insight for Monday:  higher Euro…lower bonds… Financials up slightly…setting up a slightly higher open …the Euro is higher overnight and is at its 1.27 support area …Follow YOUR rules for entry, exits and stops...TRADE THE TREND…

After three pause day the SPX is starting flat …SPX did breakout of horizontal resistance on Tuesday and is holding above that new support area…volume continues to rebound…

Chart Signals will be watching the Euro to see if support holds and the VIX to see if it stays below 25...XLF and TNX today as key factors in the SPX bounce…

SPX

Resistance: 1,277, 1,292, 1,300

Support: 1,260, 1,249, 1,230

Quoting Down – TLT, GOOG, COST, AKAM, TEVA, INFY

Quoting Up – SINA, CSTR, TIF, RCL, FAS, WLT, AAPL, VRTX, NFLX, ALXN, AVGO, BIDU, CTRP, PNRA, BRCM, ESRX, AMZN, DTV, WYNN, LRCX, BIIB, ROST