Jobs Report Friday Should Be Mildly Bullish - Gains Will Be Hard Fought

One Option Trading Blog http://ift.tt/1ZNhFbV Posted 9:30 AM ET - Yesterday we saw follow-through buying after Janet Yellen's dovish comments on Tuesday. The SPY rallied above $205 resistance with ease and that is now a support level. Major news releases are slated tomorrow and this could be a very quiet day. The Unemployment Report is likely to come in around 200,000. That would be a Goldilocks number and it would be mildly bullish. ISM manufacturing will be posted tomorrow and it should be just shy of 50. It has been improving the last couple of months and it should not have a major market impact. Official …