• Comments for February 3, 2017

    Non-farm payroll will come out before markets open.
    Already, we could witness yesterday some buying.



    Bothe the emini and the NQ100 Futures already anticipate a positive NFP report.





    The US$/Euro reversal of yesterday also reflects market expectation that a strong NFP will lead to renewed inflation fear.





    Conclusions:

    The market still tells us to stay long for now.

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