I think we will just glance 1484 intraday and then do reverse of this afternoon to the close.
Any jobs number will do the trick execpt if below 100K or over 175K
Market makers can only extract extra cash without making chartists panicky by squeezing the greedy shorts and any dip buyers who think things will reverse quickly.
Give me the 10% correction then I would feel much more comfortable just being long.
Its been like shooting arcade ducks being short homebuilders, anything associated with mortgages and investment banks.
Gold and energy not safe from correction either.
It will get to crisis proportions in these sectors before and meaningful turnaround.