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NFP day today and U.S. equities feel heavy
You know I’m a Price Action trader, however, from time to time, there is such a feeling that doesn't come from charts, I can't pinpoint it & it's like a gut feeling, but I know something might happen.
SP500 hasn't printed a clear high in over a month, Nasdaq since October 2025, Russell almost 1 month, and only Dow is still bullish.
I'm no doomer, but if U.S. indexes don't print new highs soon, we can enter a Distribution > Correction phase.
P.S: Correction ≠ market crash