1100?

All eyes today will be on the Employment Situation at 8:30 AM ET. Usually when an event is built up like the jobs report it seems to have less effect on the market as traders have already factored in the possible results of both sides. Barring any unforeseen extreme on the number this market seems to be on a mission to get to the 1100 price area once again.  The daily CCT is at the highs for 2010 at +219 for the short term indicator. We have not seen any sell programs in the last week and we will have to see if this continues as this market may get extended and will need a healthy short term correction to help with the overbought reading.