3pm update - falling asleep into the close

US equities have traded in a extremely narrow range of 3.9pts for the sp'500.. that is a mere 0.2%. Thursday will at least see the monthly jobs data, and that should be enough to kick the market at least 0.5-0.75%... probably to the upside.


sp'60min

Summary

*price structure on the smaller hourly/15min cycles is a bullish pennant. It would offer the low 1980s tomorrow.
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Weakness in the airlines remains the most notable sector today.
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*my own train wreck of WFM remains moderately higher, +0.4%, battling for a close in the low $39s.