We expected a pullback with a pattern ABCD, but this failed. As mentioned yesterday in Chat, with the cancellation of ABCD we could see a harmonic pattern, with the condition of maintaining the relative maximum. With a breakout of the highs, we should compare with the model that we published a few days ago (see chart below).
Today the market will focus on the ADP NFP and I invite you to read our opinion published on the graph below.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.