Yesterday's non-farm payroll data exceeded expectations, using the unemployment rate as a bullish factor.
It's another case of one bearish and one bullish signal, loud thunder but little rain. There was little fluctuation throughout the entire night. However, yesterday we identified a key level, Fibonacci 0.382 at 2954. Multiple times, we pressed here to short. Now, the price is fluctuating around this level again, which is also a trading point. A valid breakout to go long, but if it can't break through, then go short.
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Yesterday's non-farm payroll data exceeded expectations, using the unemployment rate as a bullish factor.
It's another case of one bearish and one bullish signal, loud thunder but little rain.
There was little fluctuation throughout the entire night.
However, yesterday we identified a key level, Fibonacci 0.382 at 2954.
Multiple times, we pressed here to short.
Now, the price is fluctuating around this level again, which is also a trading point.
A valid breakout to go long, but if it can't break through, then go short.