First Look: 2021-10-08
Well, big miss on the NFP this morning. I suggest it is a case of bad news is good news though I can’t rule out a little lower to test 4367.00 or 4357.50 while under 4408.00. As I type this about 30 minutes after the NFP report, S&P 500 futures fell to test support at 4385.00 and now back in the prior range. I think the bias will be up to around 4434.25…
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