Non-Farm Payrolls Release today will give market participants more evidence of job growth (or not)…Expectation is for an increase of +200K.
Overnight action is light ahead of numbers trading just under PDH (1887.50)…
IF price can penetrate PDH (1887.50) and convert, THEN upside objectives are layered from 1890…1992 up through 1896.50 with extremes measuring 1897.75 – 1902 zone.
Failure to breakout calls for pullback with support zones 1881 – 1183.50. then 1878-1880…with extremes measuring 1873 – 1875 zone.
Dynamic S&R will be updated live in the Trading Room.
Remain Disciplined….ALWAYS USE STOPS!
I am disciplined. I behave in a way to reach my goals. I do what I intend to do. I have the intent to win through right actions. I will be patient for patterns to emerge and mature. I am decisive. I decide easily and act promptly. I act in the right way and right on time. When there is nothing to be done, I will wait.