E-mini indexes at key technical level

S&P 500

On Thursday the data releases pick up again with the Commerce Department's report on factory orders, the Chicago Purchasing Managers Index, and last week's jobless claims. This week's highlighted data, however, will be Friday's jobs report. Although the national unemployment rate fell to 8.9% last month, bets are high that it will not be able to hold that level, let alone improve, this month. The "real unemployment rate" came in at 15.9%, off 2% from its peak in February 2010. Nonfarm payrolls are expected to rise between 160,000-225,000 for March.

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