I will be looking at Wall Street 30 as my Non-Farm Payroll (NFP) trade as the jobs number will have a direct impact on the index. Two possible scenarios regarding the jobs number that I will be considering will be if the jobs number comes in higher than expected or lower.
In this note you will find my technical trade summary and charts with entries and exits for both long and short trade possibilities...
Possible trade: Higher than expected Jobs number
- Entry (Buy): 25425
- Stop loss: 25116
- Target price1: 25839
Source: Bloomberg
Possible trade: Lower than expected Jobs number trade
- Entry (Sell): 25212
- Stop loss: 25464
- Target price1: 24936
Source: Bloomberg
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