Thursday, June 04, 2009


At the moment I estimate a range for tomorrow's day session extending from 935 to 955. The employment number is coming out at 8:30 am tomorrow, before the day session opens, so I may have to revise this estimate once the market has a chance to react to the news. I still think the e-minis are headed for the 965-980 zone. But any selling pressure below the 935 level, the midpoint of today's day session, would be a clue that the market will drop to 910 first.

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