Market Review an Potential Trade

Greeting Friends,
Friday capped off a strong week of trading by posting its 5th consecutive day of gains. Yes we moved up every day of last week as we have bounced off a break of the 20-day ema again. The snap-back move doesn’t look done to me so I am looking for higher prices earnings season aside. However, since earnings season is kicking into gear this week we cannot ignore it. How this season goes will likely move us. Let’s see how the first few days go to see if we can detect an early trend. Otherwise I am looking for higher prices on Monday and 1120 as my intermediate target on the SPX.

My Potential Trade will be MSFT Call 24 Nov 09