FOR FRIDAY: (10/7) Another employment report day. Cycles are particularly volatile and that means the head fake and then the end of the week profit-taking. For now it seems a higher dollar and then a pullback and higher stocks and then a pullback and lower bonds and then a recovery and lower metals and then a recovery. The counter-trend bounces may be significant for traders and scalpers and we will have to wait for next set-ups.

Comments are closed.