Today's focus will be on the employment situation at 8:30 AM. People have been focused on this number all week and usually when that is the case it becomes a non event as prices have already factored in a bad number. With that said traders still need to be careful as this is also a holiday weekend and the second day of a new month and quarter. We could see an oversold rally as the daily CCT stands at -238. technically we need to see a higher low and higher high today and we have our first resistance up a the 1040 level on the S&P.