BMO – ES -3.00 and NQ -4.00 futures are lower 20 minutes before the open in pre-market trading and point to a slightly lower… volume is light for pre-market with more stocks quoting down than up…
XLF is down 4 cents on 20,100 shares in pre-market at this time…
FAS is down 47 cents …
TLT is down 31 cents…
the Euro is up 31 pips overnight trading …
NDX leaders AMZN, BIDU, GOOG, NFLX and QCOM are lower…AAPL and PCLN are higher…
Dave’s Insight for Monday: higher Euro…lower bonds… Financials down…setting up a slightly lower open…Follow YOUR rules for entry, exits and stops...TRADE THE TREND…With extended profits be sure to adjust your stops…
The ES is down just 11 points from Friday’s intra-day high and the SPX still has not had a correction of more than 33 points during the past 74 days, a very stable trend during this low volatility period…
The intermediate term trend is still up…
Chart Signals will be watching the Euro, XLF and the VIX...the VIX continues to indicate stable trend…
SPX
Resistance: 1,370, 1,375, 1,388
Support: 1,361, 1,353, 1,347
Quoting Down – CF, VMW, CAT, CRM, SINA, CMG, CRUS, FAS, IBM, HLF, SWI, DECK, FCX, V, TLT, DOW, SWN, INTU, GOOG, GOLD, SHLD, BIDU, INFY, PNRA, EBAY, COST, QCOM, NFLX
Quoting Up – PCLN, NGLS, MCP, TIF, LNKD, UCO, AAPL, GRMN, WYNN, MNST, ALTR
No comments:
Post a Comment