Friday, June 5, 2009

Intraday comment

15.10 Amsterdam

S&P future is trading around 954, after seeing the highs at 957 due to better than expected payrolls figure.

Bulls are in the game. Unemployment rate is announced at 9.4%, which is higher than expected 9.2%, but this didnt hold the bulls back. A close around these levels will confirm breaking the 930-940 level. But the next big level is 970. Watching closely.

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