Non-Farm Payroll Outlook: Short-term Trading Opportunities Focus on This Key Level
Last night, bought at 4285, took profit at 4310; this morning reversed to short and made another profit, now everyone is focused on the non-farm data, just waiting for a big market to cash in!
After yesterday's drop, the rebound strength is weak, the 4300 round number just can't break through, it has been stagnant for a long time, it might turn into a 'paint door' market, with back-and-forth sweeping of longs and shorts!
The daily line shows signs of increased volume, the RSI indicator has turned down, the strategy remains unchanged: after the non-farm data is released, short first!
Entry points aim for 4300-4305, short-term target looks at 4270, ultra-short stop loss should be set well, quick entry and exit without lingering.

