Jan 18 Pre-Market

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Stock futures are pointing to a higher open from here. My short term indicators are saying that we are going to be heading up for the next week or so. I may enter a long position sometime today. I want to see how we open and trade this morning.

S&P 500 (MAR) +14.50  | Nasdaq (MAR) +20.25  | Dow (MAR) +119 

Q piviots
R2 R1 Pivot S1 S2
47.10 46.24 45.72 44.86 44.34

Volume maybe light today because of a snow storm on the east coast and we are also heading into a 3 day weekend. Jan options expire today which usually increases volume, so who knows what is going to happen.

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