The employment report showed an all-around improvement in the labor sector in March. Total nonfarm payrolls increased by 216,000 in March after adding 194,000 jobs in February, handily beating estimates. Markets in Europe and most of Asia are also up (Japan is down).
Although employment report and price action is bullish, I remain cautious. We'll need to see continued strength after the first hour of trading to confirm the bullishness... Lets make sure the bullish action this morning isn't an April Fools Joke! :)
Levels to watch on the ES:
Resistance above at: 1330-1331, 1334-1335, 1337-1338
Support Below at 1326-1327, 1321-1322, 1317-1318
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