focused-trades-logo-w-taylor
focused-trades-logo-MOBILE

Nonfarm Payroll Pre-Market

 

The final catalyst for the week is the Nonfarm Payroll (NFP) job report set to report pre-market on Friday.

The market worked its way back to the daily mean at the 21 exponential moving average (EMA) and rallied to the high of the week on Thursday.

If the S&P 500 (/ES) breaks above the trendline near $4,212 to $4,220, look for it to reach the 50-day simple moving average (SMA) and $4300.

Follow the market and target structure. In the video above, we’ll review the price action of the major indexes and volatility and review setups on NVDA, SHOP, and APPL.

Stay Focused!