Momentum is unclear following a strong Friday on the Monthly Jobs Report

08/10/2020 09:15 AM - By Brian Casto
Friday closed strong after the monthly jobs report, let's look into what has happened the following session.

Opening Gap Direction - Flat, no discernable gap

Market Status - A flat Futures Market opening following a Friday weekly High on the Monthly Jobs Report 

Instrument - ES, RTY, NQ, YM

Trading SetUp - Long 

Market Trend - New Highs Continue in the Futures Market

Trade Type - Long

Entry - 9:30 am ET (Market Open)

Exit - 4:15 pm ET (Market Close)

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Brian Casto