10am update - opening chop

With a Goldilocks jobs number of 252k, equities open with some minor mixed chop. Despite the weakness, VIX is barely positive, and looks set to close the week in the 16/15s. Metals are holding moderate gains, Gold +$7. Oil is sliding, -1.7%


sp'60min

Summary

So.. opening weakness... but given a few hours... we'll likely turn positive... and manage the third consecutive net daily gain.
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Price structure on the hourly is a bullish F flag... there is little reason why market will be able to break <2050... and remain there.
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Notable weakness, retail, M, and SHLD, both -3% or so.