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TheMeditrader

US30 Pull Back Before Bearish Continuation

Long
Dow Jones Industrial Average Index (EIGHTCAP:US30)  
TheMeditrader  
EIGHTCAP:US30   Dow Jones Industrial Average Index
Trend Analysis nonfarmpayroll unemploymentrate pullback
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trendanalysis nonfarmpayroll unemploymentrate pullback
US30

A couple of hours before NFP and UR, we're looking to see continued bullish price action that can build greater support. If we see price considerably closer to the 50% pullback area (32500), then I'll be looking for a sharp spike to take out that liquidity on the 8:30am news, and then continued downside to reach today's ATR low in the 31700 area.
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