Bulls Better Hope Monday Morning Gap Down Gets Bought!
Bulls Better Hope Monday Morning Gap Down Gets Bought!
From Live Trading Room (09.06.24)
In this short clip from Live Trading Room (09.06.24), I discuss the non-farm payroll review, noting that the U.S. added fewer jobs than expected and revised July downward, but overall, I find the data unsurprising.
I caution everyone to remain vigilant in the current market environment, stressing the importance of pacing and not reacting hastily to initial shocks.
Additionally, I elaborate on a tactical short strategy targeting SPY at 540 and QQQ at 447, advising traders to prepare for potential volatility and market shifts.
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