3/7/2025

Traders, 

Non Farm Payroll is at 830 AM today.

On a typical NFP day, price action is very erratic. 

However, today is far from typical. 

We also have FED Chair Powell speaking at 1230 PM Eastern. 

The markets tend to react to these speeches. 

If he projects confidence, the markets usually rally up. 

If he instills fear, we can expect the markets to sell off. 

So I would wait until then to get a gauge of where the price will go. 

As of 730 AM ,  I do see the Asia and London Highs left untouched in the S&P 500 Emini Futures market

So if we open lower at 930 AM Eastern, we can potentially see price trade to those levels and above if we get a push up.

You can correlate this to the SPY. 

Once I get a better read on the market, we could potentially form a Zone to trade to today, so be on the lookout.

I will send those zones out once things become clearer, probably after the FED speech. 

If I’m a betting person, I bet the London and Asia Highs get traded through in the NY session. 

Voz