We have a new high over night on futures. Pullback “allowed” to the green area today.
SPX 15MIN CHART
We also need to give some attention to unemployment claims since the overall trend has been somewhat rising. The forecast is at 381K but it has been quite often wrong.
US UNEMPLOYMENT CLAIMS
A little bit late but I just also noticed that US factory orders (m/m) is not looking that sharp. As you can see, the first time since 2009 it made a “lower low”. Next data will be released 3.7.2012 and it better be + then…
US FACTORY ORDERS M/M
