6 September 2019 (8:47 am EDT)
US stock futures had lurched after receiving lower than expected NonfarmPayroll data from August. On top of that, June and July job numbers have also been revised lower.
The disappoints job growth has stopped US stock futures in their track. Earlier, these futures were rising continuously and another gap up opening looked ceratin for US stock markets today. But now, futures have started giving up their early gains and it is possible that markets open flat or negative in this session.
Even if markets open weak, the trading range will be sideways within the previous range. Find intraday range levels on our Pivot Trading page. For major indexes, these levels are:
- Pivot Levels for Dow Jones
- Pivot Levels for Nasdaq 100
- Pivot Levels for Russell 2000
- Pivot Levels for S& P 500
Expect US stock markets to trade with volatility and remain range-bound. The immediate trading range will be within yesterday’s trading range.