Thursday, December 2, 2010

Morning Madness

Market finally captured the 1200 price level and closed above it.  Bulls need to continue to hold onto that level so we don't see a false breakout.  Futures market is currently up even though we had a slight miss on the jobs report this morning.  It wouldn't be odd to see a bit of a retrace today since we had such a big day yesterday.  Bulls just want to make sure to close about 1200 again.

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