Today is NFP news. This will greatly affect the market and determine if we would go up or down. There would be high volatility at the time of the news. It is best to stay off the market while we wait to see how the news impacts the market. Do not enter new short term positions
Non Farm Payrolls (NFP) measures the amount of jobs gained in the U.S. during the previous month that aren't farm related. It is typically released on the first Friday of the new month, and also includes the Unemployment Rate, Average Hourly Earnings, and the Participation Rate.