Morning news and views 17-10-2012

Good morning Traders,

Everybody ready for whipsaw Wednesday ? Let’s start with the futures here they are trading flat on the morning session! Stocks that I keep on my watch list today will be:

Intc and Ibm both have earnings so we can see some wild moves there .

Spy : looking to open flat or slightly higher  

resistance points for spy are :

145.89$

gap fill at  146.14$

consolidation area at : 146.74$

Support are's:

144.66$

144.06$

$Google:

Resistance:

751.30$

758$

Support:

727.90 gapp fill

721.85

$bidu:

Resistance:

115.15$

116.60$

Support:

112.28$

110.79$

109.67$