- i suspect tomorrow will be a narrow range day, with perhaps a downward bias as market participants await the friday jobs report...
- a re-analysis of where the NQZ09 is at, plus weak financials and weak small caps, led me to let go of the just added contract...
- sold 1 NQZ09 at 1695.75...
- this trade: +9.96 NQ points/contract, 1 contract closed...
- today: 8.19 NQ points/contract, 2 contracts closed...
- long 1 NQZ09 at 1685.79...
- offering this contract out at 1725.00
- bidding for 1 contract at 1661.50...
- if market participants do not like the friday payroll report, that could be the catalyst to send the NQ to 1600ish and the ES below 1000 over the coming few weeks....
***remember this is an illustration of what i am trading and my thinking...my trading plan may change without notice...this is not a recommendation for you or anyone else, to buy or sell this or any other security...trade at your own risk***
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