Weekly commentary 2

Question 1

When do we typically see the high of the week in a bullish week?

Answer 1

In a bullish week, the weekly high will generally happen on a Thursday, and price will retrace on the Friday.

Question 2

What’s the significance of the NFP?

Answer 2

We want to see how the NFP will be used as a catalyst going into the next quarter.; ie whether it will lead to a quarterly shift.