We created the expected number of jobs = Goldilocks = bullish
We created very little or lost jobs + GDP growth of 0.6 = recession = bearish
the worst tomorrow would be sub 100.000 again
as expected or better than should be good enough
I'm just surprised how today's GDP hasn't produced any rate cut talks
seems like it's completely off the table
nonetheless report tomorrow is always talked about as a big event, but never really seems to seriously affect the charts
We already had a gap down this week. One is enough.
Report analysis:
We created many jobs = economy is strong = bullish
We created the expected number of jobs = Goldilocks = bullish
We created very little or lost jobs = less inflation = bullish
So the first reaction is a spike up. GUARANTEED!!!
Denleo
I agree with your forecast for the gap.... and your reasons are very creative.