What is clear...we remain in a broad uptrend, its getting a bit choppy, but this remains at least a near term bull cycle.
IWM (representing Rus'2000 small cap)
Dow
Sp
Summary
We could well be forming a typical choppy top, the bears tomorrow will need to see considerable losses tomorrow, just to get any kind of down cycle started. All things considered, that seems unlikely. Anything less than dow -175pts...is NOT to be taken seriously.
More later, where I will look ahead to Friday, suffice to say, best guess for the next Disney jobs number +30/35k. But will that mean 'bad news = QE....so its good news!'....maybe.