Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

S&P 500 FRIDAY OUTLOOK

 Source : http://www.moneyvistas.in/

S&p 500 Closed above 1120 after two days fighting.
As long as 1120 holds no problem at all for bulls.


Closing above 1120 is positive then what is negative which is going to come and drag below 1120.


February payrolls data..........Watch out
Reuters poll saw payrolls falling by 50,000 in February.
January un employment rate was 9.7 and this time it may raise to 9.8


Supports exists at 1103-1106 area and resistance comes at 1128 and1134 area.



Disclosure: No positions in s&p 500