I thought the jobs number this morning would have caused a little bit more heavy trading, but so far, the job’s report has been a non-issue. There was an earlier attempt by the bulls to break out of a weak resistance level, but so far it has been nullified. Should the bears managed to keep the market down throughout the duration of today, next week could set up for a much more interesting week, as we are likely to see trading volumes go back to normal, and a more definitive direction for the market present itself.
Here’s the Intraday S&P Chart…
