Last night's non-farm payroll market was like a dramatic financial play, allowing every trader involved to experience a thrilling roller coaster journey.
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At the moment the non-farm data was released, the negative news was like a heavy bomb, instantly igniting the bearish sentiment in the market. The price began to plummet from the high of 95180, falling to 92200 without any resistance, a drop of nearly 3000 points, which made many bears cheer, while the bulls fell into despair. This wave of decline fully showcased the tremendous impact of non-farm data on the market and the drastic change in market sentiment at the moment the data was released.