JOBS REPORT AND THE MARKETS!

/ES MINI FUTURE 5 MIN CHART

Today is a big day for the market indexes. At 0830 EST we will have access to the jobs report. So far the market has had extreme volatility. Yesterdays trading session was wild to say the least. The SP 500 had a major crash to the downside but then not only recovered its loss, but gained by the end of the trading session.

What to look for? Right now as turbulent as the market is, any negative outlook on the jobs report could spell an equities sell off. We will be watching the markets very closely today to see how the jobs report is interpreted in the market.

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