Friday, February 3, 2012

2/3/12 - Pre Market

ES
So far the market likes the 234,000 jobs created in January. This was well above the 121k expectation.

Now will this mark the top of the rally that began on 12/19? Keep an eye on all three of my counts I have been showing you all here.

The market may take a break after today but it may be shallow, should this leg off 12/19 complete today.

Don't forget, should this hold into the open, the market will gap over the longer term TL.