MORNING TAKE DOWN

Equity markets gapped higher this morning on the heels of some good news from the ADP jobs report- the pre market traders loved it the RTH traders - not so much.

SPX +3 NAZ -17 and the DJIA +18.

Strongest sectors- banks, fins, energy, ags, and shipping while homies, biotech, retail and internets lag.

SPX - 45% GREEN;

NYSE- 280 net green;

NAZ 300 net red;

NDX - 15 GREEN;

OEX- 50 GREEN;

VIX - flat at 33.5;

Gold up $12 and crude higher by about $1.6;

The NQ was the tell this morning that real traders wanted to fade as it lagged the early morning gap higher and turned down and red real quick - question now - Big cap tech led this market off the low - will it now lead the general market lower - I suspect the answer is yes - also the RSI (2) levels on the pre mkt futures hit the 99 area - hard to go a lot higher from there.