Wednesday, September 5, 2012

Stock Futures Off in Pre-Marking Trading...


BMO – ES – 4.00 and NQ – 10.75…is down in pre- market…SPY is up - .21 in pre-market…

XLF is down 2 cents
Euro is down 10 pips….
TLT is down 52 cents…


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

Short-term support at
140.22, 139.80 = SPY
1,403, 1,395, 1,387 = ES
2,750, 2,743, 2,700 = NQ

FDX shares down 3.5% in Frankfurt trade…concerns by revenue growth and weakness in the global economy…


The trend is still up but prices are consolidating in a bull flag pattern…follow your rules for entry, exit, adjust stops to protect profits at this time according to your rules...


Quoting Up: GOLD, AAPL, NVDA, CHL, FB

Quoting Down:  AMZN, NFLX, WFM, EBAY, EXPE, LVS, CLF, X

2 comments:

Anonymous said...

Thanks Dave!

Dhruv Rastogi said...

Great Info that you are providing us.

Thanks Dave