We awake to a red morning, in which the (relatively minor) unemployment report that came out is souring the mood. Of course, the big Kahuna report is tomorrow, but in a market this dynamic, we must take things one session at a time.

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We awake to a red morning, in which the (relatively minor) unemployment report that came out is souring the mood. Of course, the big Kahuna report is tomorrow, but in a market this dynamic, we must take things one session at a time.

Ready for another day of battle, everyone? I sure am. Equities are GREEN across the board this morning, but I think the setup is as plain as day. Here’s the /NQ futures, which are supporting the same important resistance line as just about everything else out there.

It’s a new market day, and there are two ways I can tell: (1) the equity futures are all red (2) there is yet another breathless premium story from ZH about how the markets are ready to scream higher, thanks to someone at a huge investment bank who has, like, a totally objective and unbiased say in the matter. Honest to God, all these guys do is parrot whatever Goldman and Morgan tell them.
