DJI: +5.74 (+0.06%)
SPX: +4.45 (+0.41%)
EUR/USD: 1.2239
CL: 74.58 (+2.67%)
GLD: -1.82 (-1.52%)
Mixed economic data today, big numbers expected tomorrow. As much as I can say the Census hiring has created many temp jobs, and the expected non-farm payroll numbers can be anything the govt wants it to be. What does it say about the recovery, not much really. Anyways, talking technical SPX is back at the important level of 1100. Today we tested the level three times. Its an important indication of the upward retracement as investors are beginning to look away from the Eurozone. The level also coincides with the 200 dMA so if we break through we might be in for a short term bull market.
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