Pennywick

Market Morning Update - NAS on a Friday

FX:NAS100   US 100 Cash CFD
Friday - statistically my worst trading day due to the options and Opex expirations. The allure of the big win can go bad so quickly - basically you must be correct to play this high risk way. The solution - play next weeks expiry or size lotto. Today NAS has Purple Channel support at the .764. The 10 year set a new high and while the non-farm payroll beat big. The intial reaction was bear followed by buy the dip. SPX nearing it's hourly 50 MA while NAS is showing continued relative weakness.






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