Futures Up...Markets Close at 1 pm ET...

BMO – ES +2.50 and NQ +3.50 futures are higher in pre-market trading pointing to a higher open. AAPL +0.90, AMZN +0.76, GOOG +0.82 and BIDU +1.80 are higher in pre-market trading. Expect volume to be lighter on half day of trading. Markets close at 1:00 pm ET. Join us in the Weekly Wrap at 1:15 pm ET. Based on pre-market trading it looks as if the SPX is has another chance to touch the next resistance level of 1,125. There is still a 1,234 chart target for the end of January. The Euro is up 75 pips in overnight trading. Oil is quoting down 30 cents in electronic trading. XLE is down 5 cents in pre-market trading. SPY is up 25 cents in pre-market trading. XLF is up 8 cents in pre-market trading. Watch XLF as a key to any sustained breakout in the SPX. Follow your rules in any trading actions today. Be logical. Merry Christmas to all that celebrate....everyone please enjoy the three day weekend! SPX Support = 1,106 - 1,117…1,087…1,082 Resistance = 1,125 – 1,133 Trading Down: Trading Up: SNDK, AMZN, FCX, UAUA, CREE Look at these Charts… (click image to enlarge) At the Open on Thursday 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 –