THE DOWN

Pre Market equity futures are trading lower this morning on the heels of the ugly jobs report- which showed we lost 467,000 jobs in June - much worse than the 350K loss consensus and the 440K whisper number.

ES -11;

NQ -8;

YM -104;

Areas to watch for support include the weekly pivot on ES at 906- which is where we are trading as I type- and the SMA 50 on the ES which is at 903-

On the SPX - the SMA 50 is at 907 and the EMA on the 20 day is 918.

Bond yields are moving down - the dollar moving up and crude/gold also all lower-

BESPOKE on the 6 month wild ride;

On a lighter note- well maybe not;

WMD- I guess we read it wrong;