Checkout this market summary. I have to say that I agree here. For those that thought the jobs report was positive the other night, think again.
Have a look at the explanation of the jobs report.
This all looks like we're headed lower in the short term. Some will be hanging off Obama's every word. Somehow I doubt his immediate words will help the economy and markets.
The butchered job of the EURO bank stress tests looks like coming back to haunt.
I've closed my longs and entered shorts
http://www.thechartpatterntrader.com/
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