Last Hour test of Futures Indices on Non-Farm Payroll Report day

08/07/2020 03:18 PM By Brian Casto
Let's test to see what has happened when the market sees weakness into the close on NFP day.  It is a rare occurrence but can show good win rates.

Opening Gap Direction - Gap Down

Market Status - Morning Gap followed by a small rally then weak toward the  end of day.  Still above the 10 day and 200 day moving averages

Instrument - ES, RTY, NQ, YM

Trading SetUp - Long 

Market Trend - New highs continue

Trade Type - Long

Entry - 3:15 pm ET

Exit - 4:15 pm ET (Market Close)

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