Market Report Oct 08 2021

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Market Report for Oct 08 2021

Understand that every trade has an uncertain outcome.

Market Trend:
S&P 500 = Up
Nasdaq Composite = Up

Market YTD:
S&P 500 +17.1% YTD
Russell 2000 +13.9% YTD
Nasdaq Composite +13.7% YTD
Dow Jones Industrial Average +13.6% YTD

Market Volume:
NYSE Vol: 882 mln (Below)
Nasdaq Vol: 3.2 bln (Below)

New Swing Positions:
AUDNZD partial profit then hit stop at entry overnight.
AUDUSD hit the original stop for a loss.

As mentioned, last weekend was one of our busiest in some time and the same can also be said for this trading week. Another bullish day as we move into what everyone is waiting for, NFP.

Today we can start to enjoy a long weekend. No trading on FX as it will be thin volume leading up to the news.

Have a good few days divorced from the market and see you on the webinar. I have a feeling this weekend’s analysis will also be quite interesting.

Let’s go trade!