S&P 500 couldn‘t keep opening gains as job market data had come in strong yesterday, sending yields higher even if USD didn‘t take the clue much. Today‘s non-farm payrolls aren‘t to come on the weak side either, and the positioning for a figure not below expectations already yesterday, allowed me to deliver intraday gains to clients in out channel, altogether +49 pts as per the latest move. Both Trading Signals and Stock Signals clients (=swing trading clients) benefit as well of course, so let‘s move into the charts without much ado. S&P 500 and Nasdaq Outlook 
The 4,735 support was broken right as per yesterday‘s expectations, but for all the rate cuts bets being dialed back considerably from the immediate (Jan-Mar) future, watch for the one way move lower to meet a curveball – be ready with open profits protection. Crude Oil 
Crude oil has bottomed, and is to slowly start appreciating from here, with $75 break being the first safe bet of winter 2024.More By This Author:Peculiar FOMC Minutes ReactionSPY Reversed – What NowSPY Reversal Danger
