NFP and Canadian Elections Week

Another week of volatility ahead?

Good afternoon!

We’ve already reached the end of April and that puts a lot of pressure on for the market to decide whether it wants to come back to retest it’s annual ranges (4800/5800), nest in between in the 5500’s-5600’s or 5200’s-5300’s. This week we’ve got NFP as well as the Canadian elections which should play a big role in overall market movement. This also aligns well with multiple flip dates on April 29th and the 30th. With elections being on the 28th, there is a great deal of alignment with the flip being on the 29th. This also being month-end, the closing price points are vital to record for mid-to-end of Q1.