Tuesday, August 28, 2012

Futures Point to a Slightly Lower Open...


BMO– ES -2.50 and NQ -2.75 is up in pre- market and pointing to a slightly lower open…SPY down 36 cents in pre-market…

XLF is down 3 centson 13,600 shares
Eurois up 45 pips…
TLTis up 26 cents…


Short-termsupport 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


The trend is still up and prices are pausng in a bull flag pattern on light volumefollow your rules for entry, exit, adjust stops to protect profits at this time according to your rules...

Quoting Up: PCLN, BIDU, WFM, MCP, TLT, UCO,

Quoting Down: GOOG, KLAC, AAPL, MNST, GOLD, CRM, SLB, FAS, GS, TIF, VMW, CLF


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