Macro panic killed $NFP today but the macro data is pure noise 📉
That huge drop to the current low is just forced selling
Traders are staring at the job numbers instead of the chart
Volume sitting at millions means someone is soaking that liquidity
I am staying completely flat until the dust settles here
If daily volume dries up completely while price prints lower lows then I am entirely wrong
Open $NFP and set an alert at that level
Rate cuts
#USOctoberNFP-AreRateCutsStillPossible #NFP
That huge drop to the current low is just forced selling
Traders are staring at the job numbers instead of the chart
Volume sitting at millions means someone is soaking that liquidity
I am staying completely flat until the dust settles here
If daily volume dries up completely while price prints lower lows then I am entirely wrong
Open $NFP and set an alert at that level
Rate cuts
#USOctoberNFP-AreRateCutsStillPossible #NFP