Stock Indices Looking Toppy Ahead Of Non-farm Payrolls Report
By:
DailyMarkets.com
Posted on May 04, 2012 at 10:45 AM EDT
Friday, May 4, 2012 Prior to the jobs report, a look at the daily chart for the E-mini S&P 500 futures suggests that the price rally that started at the October 2011 low may be starting to lose some of its momentum. This could be potentially explosive should we see non-farm payrolls fall far short [...]
Friday, May 4, 2012
Prior to the jobs report, a look at the daily chart for the E-mini S&P 500 futures suggests that the price rally that started at the October 2011 low may be starting to lose some of its momentum. This could be potentially explosive should we see non-farm payrolls fall far short of expectations, similar to the March report. Some traders who are considering establishing a bearish position or hedging an existing long position may perhaps wish to explore the purchase of an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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