The market is likely to chop ahead of the Jobs Report on Friday 3 December.
Post market note: It appears the perceived support at the 50 DMA was well founded and provided an opportunity for the boys to bounce it higher and sweep the small bear specs out of the way. This will likely continue at least until 'something happens.' Will it be the Jobs Report on Friday? What can one really say about such pervasive malinvestment and fraud.
"And I set my heart to know wisdom and to know the madness and folly of men. I perceived that this too is grasping after the wind. For in much wisdom is much grief, and he who increases knowledge increases sorrow." Ecclesiastes 1:17-18
