Danger Will Robinson!

Impressive ramp on the better-than-expected NFP numbers, but there’s still the matter of strong overhead resistance — reinforced by a RSI chart that looks rather daunting.  We’re back in the very dangerous territory of two days ago.

If we can push through, the land of milk and honey lies ahead.  Otherwise, things could get very ugly, very fast.

We’ll review the options in the charts below.


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