KingDee57

US30 - NFP day - Welcome to September

CAPITALCOM:US30   Dow Jones Industrial Average Index
Hola !

Happy Friday traders - Mid Cycle of the 3rd quarter for 2023

As mentioned in my previous post, US30 gave us bullish momentum throughout the week and during NY session we seen the bears take over completely. Am i the only one seeing all the sellside liquidity getting built ?

Im in two minds with it being NFP today - shit is going to be wild.

Thinking the 35007 area is hotzone(Jul to Aug Flipzone to create bearish momentum). If we get a clear MSB and retest i will go long. If the bearish flipzones are respected. We may attack last months lows before the bull rush takes over.

I tend to stay away from major news events like this. Market can be really volatile and sweep both sides before moving in the intended direction

Best of Luck - Follow your rules !



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