TrainingTrader

Upside or Downside for Equities?

CME_MINI:ES1!   S&P 500 E-mini Futures
The S&P500 experienced some setback earlier on the week but soared back towards the end of the week, closing the week at the resistance region.

As short term momentum is slightly overextended, the S&P500 may trade sideways between the 3960 and the 4050 region before the highly anticipated NFP.

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