Friday, January 9, 2009

PreMarket 01/09/09

Following the Employment Report at 0830 ET, the market is still staying above the 62% correction level and is above yesterday's high - for now. We may see resistance in the 916.5 to 919 area.
The market also finished the first 5 days of the year with a 4.5 point gain. The market also bounced off the year's open yesterday, which is a good sign.

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