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Options Trading: Market Cooling Off Into NFP

 

An important note heading into the rest of this week is the Nonfarm Payroll report (NFP) on Friday morning, so be aware of how the market reacts going into and after the news. The bullish market has continued to grind higher and we are trading at +2 average true ranges (ATR), signaling the market is extended. Let’s see what this means for the next few days and which sectors and key setups we want to watch to take advantage of the big moves coming up.