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Traders Prepare For Busy Earnings Weeks (Morning Call Express)

Scott Redler
Jan 21, 2014, 9:00 AM

Some green arrows around the World as we enter a holiday shortened earnings filled week.

Europe is up small, the Nikkei snapped a three day pull back up .9% and the Shanghai is up .86% after the PBOC injected funds straight into some banks to ease some credit fears that remain a topic.

Our SPX futures are up 5-6 handles as the uptrend remains intact with a ton of movement both positive and negative under the surface.  As long as we are stay above the 8/21 day that stands at 1839 & 1830- I’d try and keep short off the brain.  Pivot resistance stands at 1850.