April 5, 2024

Good morning MonsterTrades. Wild session yesterday. We had a runway path developing and news started to break, not just about the Fed, but escalations of conflict in the Middle East and within Europe regarding Russia with Ukraine and Nato. The timing of these news events provided a rug type pull of price action. Now this morning we receive a hit jobs number; markets are bouncing and the question remains; where we land at the end of the day. Dare they close this back above 520 on The Spy? It's Friday however, and as many of you know, Friday's price action can be unhinged at times to both sides of the trade. Stay patient here, allow price to work itself. Monster opportunities developed yesterday, and we want to take advantage of it but want to be patient. Monday is setting up for a monster pathway. Be on high alert!