Thursday, January 31, 2008

Unemployment Friday

For Friday:

Great rally on Thursday, but I have the feeling unemployment is going to be worse than expected - expect the S&P's to open lower, then rally through the morning with long covering in the afternoon heading into the weekend -

Starting Tuesday the TradeMaven Inside Edge chat room will be having it free trial week. Details to follow - Have a great weekend, folks!

Upcoming Reports:
Friday:
Employment Situation 8:30 ET
ISM Mfg Index 10:00 ET
Construction Spending 10:00 ET
Consumer Sentiment 10:00 ET

From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Friday, Feb 1st: