Monday, August 20, 2012

Futures Point to a Flat to Mixed Open...Light Volume Trading...LVS, WYNN Higher...

BMO – ES - 1.75 and NQ +2.75… is mixed in pre- market…SPY down –19 cents in pre-market…

XLF is down 2 cents…
Euro is down 26 pips…
TLT is up 2 cents…

Short-term support at
140.92, 139.80 = SPY
1,403, 1,387 = ES
2,743, 2,700 = NQ

Next Chart Targets
SPY = 143.10 S&R Measuring
ES = 1,425.75 S&R Measuring


We look for another light volume trading day following expiration Friday…breakouts are often follow by a pull back to the breakout area…follow your rules for entry, exit, adjust stops to protect profits at this time according to your rules...


Quoting Up: LVS, WYNN, AAPL, DE, MOS, NTES, EBAY, FAST, ROST, CHKP,

Quoting Down:  ZAGG, CSTR, FCX, LNKD, CHL, STX, GOOG, PCLN, BIDU, 

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