Futures Pointing to a Higher Open...XLF is Higher...

1:45 pm ET - SPX +12.05, +1.10%...XLF is higher and giving the SPX the foundation to rise on Monday...XLF is the third leading sector behind XLY +1.32% and XLB +1.41%... this morning's charts X +6.10%, AMZN +3.28%, NVDA +3.57% and POT +3.91% are three times plus stronger than the SPX...you should be having a great trading day today.... 10:30 am ET - last Monday night Dec.14 we placed a virtual trade to buy 20 Jan DECK calls conditioned on DECK rising above 101.08. Tuesday morning DECK fell over $5...the order did not fill...I left the order in until this morning when I canceled it and replaced it with a Buy 60 DECK Jan 95 calls with a conditional stop at 89.31 on the stock. DECK was forming a bullish harami at an area of prior support with an intermediate term up trend. The calls filled at 10:00:20 am ET at 3.00 per contract. BMO – ES +5.50 and NQ +6.00 futures are higher in pre-market trading pointing to a higher open. AAPL +0.67, AMZN +1.37, GOOG +1.58 and BIDU +1.52 are higher in pre-market trading. The Euro is up 55 pips in overnight trading. Oil is quoting up 32 cents in electronic trading. XLE is up 30 cents in pre-market trading. SPY is up 56 cents in pre-market trading. XLF is up 7 cents in pre-market trading. Watch XLF as a key to any sustained move in the SPX. I like the hammer in the flag pattern on AMZN. POT is just below the 50% Fib retracement from its Nov. 2 low. Follow your rules in any trading actions today. Be logical. SPX Support = 1,087…1,082…1,075 Resistance = 1,106 - 1,117…1,125 – 1,133 Trading Down: Trading Up: RIMM, NVDA, AMZN, X, FCX, XLE, PCLN, POT, AGU, DOW Look at these Charts… (click image to enlarge) At the Open on Monday SPY – QQQQ – FAS – X – AMZN – RIMM – DOW – UAUA – V – JOYG – NVDA – LRCX – WHR – AAPL – AKAM – AMD – CREE – KLAC – PCLN – DECK – NFLX – ISRG – FLIR – CAT – DE – PCP – UNP – PNC – STLD – AMLN – POT – AGU – ACN –