While the indices had a mixed day, stubborn support prevailed again and prevented any real drop. The Russell 2000 continued to probe new high while the S&P500 looked a little tired. We have the monthly jobs news in the morning, and that will be a major market catalyst. On a good number, 1350 on the S&P will be the next target. On a bad number we are so overdue for a bigger down day in the NASDAQ, we could trigger some profit taking as the new month seasonality comes to a close.
