Here’s my take on tonight’s nonfarm payrolls report: the broader market will plunge again, regardless of whether the figures beat expectations. If they do, another sharp drop is inevitable. If they come in as expected, we’ll first see a small rebound, followed by another major plunge. That’s because CPI is due next Tuesday and PPI on Friday. Investors will use any small rebound to exit, and a large-scale buying-the-dip move is unlikely before these two potential market headwinds land next week.