Futures moving up

A quite day for me yesterday, as I did not take any trades. Right now futures are in the positive and it seems another strong open is on the agenda. However, yesterdays minor selling action towards the end of the session did in no mean resolve the overbought condition in which we are still in. Although I see some nice looking charts in the stock world and I won`t fight the tape, I will be very careful with initiating any long positions here, as I think some major selling pressure could come up in the next couple of days. Yesterday was a no-trade day for me, and today might be similar as I won`t buy a possible gap up at the open, and not recommend anyone to do so. As always some of the names I will watch: EOG 73 level, GNK around 19 and NYX around 30 - all for possible longs. Watch out the AG`s too as MOS reported earnings and this should move the sector in one way or another. Stay smart and have a good day!