ADP non-farm employment change came in, and the market is shaking off the disappointing numbers again. Let's rejoin the long side - please see the details below.
Trading position (short-term; futures; our opinion): long positions (100% position size) (entered at market, which is 3545 currently) with stop-loss at 3520 and initial upside target at 3575 are justified from the risk-reward perspective.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
