Next week’s economic schedule is much lighter; only 15 economic releases, 10 T-bill or T-Bond and one Federal Reserve Bank President speaking.
On Monday there are no scheduled economic reports but Cleveland Federal Reserve Bank President Loretta Mester speaks to the NABE conference in Washington.
MrTopStep Opening Print view from today: ES down 6 of the last 9 Fridays

Fridays have not been kind to the S&P, and initially I do not think that will change. Our view is for some type of countertrend trade with a possible late Friday rip. If the jobs number comes in higher than expected and the ESH15 is up sharply on oversized volume, we want to sell that rally and then look to buy weakness later.

We had all that right. On the open, we said that the people that sold at low prices and cannot hold over the weekend tend to put in buy stops above the market and that after such a big pre 8:30 opening sell off that the algos tend to chase those buy stops first and that exactly what they did.
Once the algos ran the buystops the ESH resumed its downward sell off.

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High: 2094.00 Early
Low: 2066.00 Late
Last: 2069.70 Down 30 handles
Volume: Large 1.9mil ESH and 10k SPH traded in the pit
MOC: MiM was showing Sell 742mil ACTUAL was sell $1.6bil

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