It's quite simple what traders are waiting for this week, does the 4 day rally have enough follow through to signal re-entering the market?. It's also quite simple of what are the main ingredients for this potential follow through and that is will Oil stabilize after a 16 dollar/3 day flop and will earnings continue to be better than expected, especially from the financial sector. We've had the leading groups crumble last week and now is the time to look around and see what new group starts to lead the market. Leadership is essential for any follow through and it's almost unimaginable to think the financial sector will lead for too long as markdowns next quarter are still a possibility. Basically, we need a little bit of everything to sustain this move and we`ll wait it out to enter the broader market. We hope this all leads to consolidation early in the week to trigger a higher move after a pause. Cross you fingers. In the meantime, we`ll look for individual earnings surprises to trade one at a time in what is the busiest week for reports.