Analysis:
Yesterday's Analysis is proved exactly the opposite. The private payroll surprised on the upside, and the ISM non-manufacturing index surprised on the downside, "which did not save the [Bears] from the [cheering] private payroll number." Looking ahead to next week, the market will likely build on the current upward momentum, but given the magnitude of the rise in the last four trading days, it may well drop due to profit-taking.
Strategy:
Offset short at 1,083
No comments:
Post a Comment