Tomorrows action will give a great clue about the direction of this market. The jobs report comes out first thing. If it's bad...really bad, the market should move lower at the bell. Watch what happens in the first hour. If the low made in the first hour holds and the market begins to recover and closes near its high for the day, the stage may then be set for the real breakout over 920.

On the other hand, if the market sinks past the first hour low and continues lower, that could mean trouble. However, it would still have to penetrate 850 for me to turn bearish.

That's about it tonight. It's pretty straightforward. Right now the bulls are still in charge. Let's see if Friday changes that.