OK, jobs improve (that is if you prescribe to the economic voodoo they use to calculate such things). The markets reaction to the number has been very muted. The minis spiked 6 to 03.75 and since then have done nothing.
Economic Calendar - Natgas at 10:30 and Petrol at 11. This from ZH is kinda nice -Today's Economic Data Highlights: Trade Balance And Claims
SPX 30m - I've been hunting for this divergence to form for about a week now and may finally have it come with the pop this morning. What I'm seeing is a 5 here. The big question is does this 5 end the run or is it just part of a larger corrective. The only way we'll be able to tell will be the form of the fall. If it gets impulsive look out. If not, then look for an ABC to the upper 70's before the next and final ramp to the 17 to 31 area. Either way (barring some massive zig-zag consolidation) it should be ending.
SPX 60m - Upper resistance diagonal. Indicators with divergences that should hold. Here you can see how the wedge will either form for the pop to the 17/31 range or it simply ends here at this diagonal. This chart looks weak as well.
GL and have a great POMO day (you're paying for it)!