Yes. Monday - Thurs should be same old same old. Probe for support early in the day and bounce. Friday will move based on the jobs report and traders will be waiting for it.
The jobs that many Americans are taking are not at the income level they had before. Also with prices much higher some Americans are working two jobs now to support their family.
That has been true for a year and the market is up 35% in that time. If you shorted, you lost a lot of money. Don't try to outsmart the market. Trade the technicals.
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Please leave your comments and questions.
Thanks Pete!
So if I got the idea right, we are expecting Wednesday/Thursday to be flat, and the data on Friday to start a bullish or bearish rally?
Yes. Monday - Thurs should be same old same old. Probe for support early in the day and bounce. Friday will move based on the jobs report and traders will be waiting for it.
Bye bye bye . bye bye bye
The jobs that many Americans are taking are not at the income level they had before. Also with prices much higher some Americans are working two jobs now to support their family.
That has been true for a year and the market is up 35% in that time. If you shorted, you lost a lot of money. Don't try to outsmart the market. Trade the technicals.