NFP is Next Up
Now that the Fed is behind us, all eyes will be on Friday’s Non-Farm Payroll (NFP) number. As a matter of fact, all eyes have been on the Jobs number for a few weeks, as the S&P 500 futures has traded within a highly compressed range the for three straight weeks. Eventually, a breakout from this range could spark some major movement soon, so watch the outer boundaries very closely – 1695.50 and 1670.