We’re in the low volume time of the day. 1333.50 is the retest of Fridays pit session high. Price action later in the day, when NYC comes back from lunch, below this level will be negative.

Metals…My only comment on the metals is the same comments I’ve been posting the first week of every month for 2 years going into unemployment: We’ve only had 1 significant unemployment failure since Dec. 2009. which led to a $150 sell off. In general the unemployment lows are to be watched for matches on the model work for “low risk buying opportunities”. If they hold the Friday unemployment low it’s typically the low for the rest of the month.