Down sharply overnight.
Crazy mixed up day in newsland:
This morning's mixed mood seems to mirror last night in Asia. Shanghai up slightly yet Nikkei down over 3%.
Europe is siding with Japan. It's down hard thus far.
NFP results (215K) were hotter than expected (205K).
Possibly the most telling news of the day however:
Wonder if it has anything to do with this chart by Lance Roberts at RealInvestmentAdvice.com:
This is what happen when central banks target asset prices instead of monetary stability.
Day 4 of JPY and CHF strength. GBP down notably. AUD, CAD, and NOK weaker.
Yields higher on NFP beat, especially on the short end. Perhaps the biggest tell out there.
WTI crude still shooting for 35 area. NG currently up.
Mixed up in metals today too. Gold down, silver up, platinum down, palladium struggling to stay up, copper down.
Not sure if the market needs another wave slightly higher or not, but it would be a great April Fool's present and a fine way to end EOQ Window Dressing if the market ended on the highs today.
Unless 2042.67 fails, am leaving the door open to more low volume levitation and will look for reality to strike next week.