Yesterday closed nearly unchanged but we saw an attempt to push lower fail and trade was balanced from mid morning onwards. Volume was 1.5m contracts and nearly 4bn shares on NYSE.

Today's employment report is the main event and last months reaction after a much lower than expected NFP and average hourly earnings was to sell-off 45 points and rally 63 after the market had slowly squeezed higher overnight.

The Globex chart below shows the areas of interest for today. The bias remains bullish unless we see real signs of liquidation and very negative market internals. I'm using 2089.50 as the micro bull/bear today, being the afternoon pullback low and value low yesterday.