Friday Aug 29: Opening Bell Prep for Micros & Emini Micros Futures Traders
Friday August 29, 2025 Traders entered the final session of August with caution as Micros Trader warned that Friday’s action ahead of the long holiday weekend should be treated as “Friday rules on steroids.” He advised most participants to step aside entirely, or at minimum, scale down risk sharply to avoid giving back weekly gains. Key levels in the S&P 500 futures included the 92–93 support zone and the 64.92 overnight low, while Nasdaq futures lagged further from their all-time high. Looking ahead, next week’s shortened schedule features major economic releases, including JOLTS and non-farm payrolls, which could set the tone for early September trading. ☀️ AM BRIEFING Opening Remarks Micros Trader emphasized that today is a day for extreme caution. With the long holiday weekend ahead (Saturday, Sunday, and Monday), today should be treated as “Friday rules on steroids.” The strong recommendation is to consider taking the day off completely. “Carefu...