Highly anticipated NFP report tomorrow.
Last few unemployment reports we witnessed some extreme volatility, vacuum right before and after the number and to be honest, in my opinion uncertain trading environment ( market orders being rejected due to CME "logic" and more....).
The following...
Hope everyone had a nice holiday/New Year's and wishing all of us an excellent 2023!
Got a full day tomorrow and volume is picking up again.
JOLTS, ISM PMI, FOMC Minutes.
Most of the time I have seen some larger clients trade spreads was during the rollover period, trading large sizes trying to take advantage of 0.25/0.50 moves as well as playing the actual spread until expiration as a biased trade.
Tomorrow we have weekly unemployment claims.
Natural gas ( down over 7.5% today!!)numbers at 9:30 Am central followed by Crude Oil numbers at 10 AM central.
Volume is LIGHT so large orders can move the markets and at times exaggerate moves.. Mini SP avg last few weeks was over 2.2 million...
Many times the big move in stock index futures will happen the day following FOMC - personal observation.
Thursday is full of reports. More on that and triple witching coming Friday on our blog.
We have over 10 different platforms, all offer LIVE REAL TIME data for sim trading, not delayed.
Depends on traders needs, some platforms may be better than others.
Extremely choppy last 6 trading days with rollover taking place and market waiting for CPI tomorrow and FOMC Wednesday.
This is what my intraday charts looks like today: