20240705 NQ
Updated
PA made ss raid and bs raid secondly on the NPF release. I anticipate downside move to the DOL TGIF level. I would like to see the corrective retracement to the upside. The break of the d ss level will be very serious sign of the reversal but it will be less probable to see a substantial retracement to the upside after that decisive break lower. All in all I anticipate downside move after this upside spike on the NFP news release at 8.30am.
Note
9.31 15m TFIt is the initial reaction. I would like to see no price action higher than 15m wick CE level.
Note
10.49 15m TFPA has moved to the upside and there is no sign of the reversal for now. The PMS is to watch for it. As of now it is more interesting if ES manage to stay without a new high. EM made to the downside today the most of stock indexes.
DXY has not make a substantial upside displacement yet. There is no sign of reversal to the downside yet.
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