Based on the Weekly and monthly structure is currently bullish. I am anticipating sells leading to a potentially big buying opportunity for the beginning of next week or could be a few weeks of selling before the buy. Waiting for 1hr candle confirmation before entries at or near these levels.
Note
Market created new level (higher highs) on Monday market open...Indicating they had enough contracts to continue bringing the market higher without retracing..It appears we will see more longs leading up to NFP.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.