The jobs report came out, and it was very positive – – thus, equities are powering higher.
The jobs report came out, and it was very positive – – thus, equities are powering higher. Below are the NQ and ES, respectively, with tints where I perceive their next resistance levels to be.
UPDATE: When I initially did this post, the ES was up double digits, and I literally thought I was going to throw up. I took my dogs on a walk in the pre-dawn blackness. When I came back, the ES and TF were red. So…………..that’s better.
This blog is not, and has never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
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