U.S. Employment Numbers Raise USD and TNX, Sink SPX

Good Morning!

SPX Premarket appears to have fallen beneath the hourly mid-Cycle support at 2094.26, but we really need to see the neckline at 2087.62 broken to confirm the reversal.

The big news is that February Payrolls surged to 295,000 and the (official) unemployment rate dropped to 5.5%.