THE SHORT-TERM MODEL BELIEVES THE TREND IS UP HOLDING NO POSITION OVERNIGHT

Key day tomorrow as now you all know a red Non Farm Payroll day most likely means a reversal which in our current case means a top. However since we’ve had 6 red Non Farm Payroll days in a row, I really don’t think we’d see another red Non Farm Payroll day tomorrow.

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Neither long nor short setup were confirmed today, but Cobra Impulse System would like to give both setups another try. See below for more details.

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