No idea which way it gaps tomorrow on unemployment numbers. However, it looks like MFI will go oversold regardless of gap direction so watch for it tomorrow. Good news is bad news and vice versa, so watch out.
This whole week looks like Xmas so I highlighted it.
If it gaps down big tomorrow, I'll go long with next week's calls.
This whole week looks like Xmas so I highlighted it.
If it gaps down big tomorrow, I'll go long with next week's calls.
Comment:
CRM must have said something nice about Biden's wife in the press conf, up 15% and taking Dow and NDX futures with it.
Comment:
Mentioned it on my ES post, next Fed meeting is March 22, and the market pumped the entire month prior to the last meeting. Expect the village idiot to yell "disinflation" again.