First Look: 2023-03-03
First off, a correction to my post from last night, NFP is next week.
Today is staying true to the idea put forward last night of a continuation higher today as futures pushed for and past 4004.00 before the day session open. Next major target is 4025.00 followed by 4034.50. I’m expecting a consolidation to form today, and it could be starting as I type this just before 11am. First support which I wouldn’t expect to be firm is at 4011.50. More important supports are at 4000.00 and 3988.25. I’m going to give bulls a chance to grind up into next Monday as long as above 3988.25.