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The jobs report out this morning showed improvement, but to judge from the futures, the positive news was already baked in. My GasBuddy.com sidebar app is shows a continuing rise in gas prices locally and nationally, and NYMEX April Crude is a penny shy of 103 as I type this.
So let's pause a moment to take a look at the big picture of the US markets, courtesy of technical analyst Chris Kimble's latest index four-pack.
Chris comments: As we finish the week I thought it would be good to catch our breath and look at the major markets from a long term view.
Many key resistance lines have been taken out, with the Mid-caps the only one of these 4 into all-time highs!
The 500 index is closest to an important line in the sand — the 1,300 level.
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