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Originally Posted by coolhand

The bears tried to get something going today, but the bulls would have none of it as the market started out the trading day weak, but finished near the neutral line.






We do have some resistance on both charts near the highs. The 200 dma is not

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Stocks rallied on Friday despite the worst jobs report in almost 100 years. The number wasn't much of a surprise and, at -20.5 million, it actually came in lighter than the 21 million or so that was expected. Some estimates were closer to 22 or 23 million. So it gave investors and traders a reason to keep the upside momentum going. The Dow gained 455-points and closed near the highs of the day. Bonds pulled back giving up much of Thursday's big gains.

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