The unemployment numbers (@7.6%) came out worse than expected and it went up. I guess since everyone has been expecting the dismal numbers, so the market wasn't shocked. The major indexes were up over 3%. The RUT was up 3.43% for the day and up over 5% for the week. Using the IWM as my gauge, the volume was lower than the previous day. This may indicate that the huge push up, may fail.
This is the weekly pivot points for the upcoming week. The RUT may retest the lows and get to 448.1 This may be a good opportunity for me to exit my Feb 510/500 Call verticals.
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