US jobs hit a 14 month low in August down 1.8 million, so why the market rally well people think this will make the feds pivot. I don’t think they will but what do I know. I think this rally was due you can’t hold down the greatest country in the world forever. Everyone talking about being oversold and people love a good bargain. 382 to 385 will be interesting to watch, bulls need to stay above 372. The fib is showing a retracement to the golden zone. We just had the 2 best days in the market in 2 years it sure doesn’t feel like it. Don’t be the last bear to leave the party lots of short covering today. If you’ve followed me for a while you know what the plan is going into the midterms. My pension plan is down 27% you can’t win elections when 401ks are bleeding out along with union pension plans. This will be a huge bull trap who knows when the cage will drop so don’t be the last bull in that citation. Remember 90% of traders fail so don’t be a normal trader how many of you add to losers but never add to winners? Keep your wins big and loses small. As always trade what’s in front of you good luck
