Tonight the PCE data will be released, but the truth may be completely different from what you think! Mr. M will announce the core PCE data for September at 23:00 tonight, with an expected value of 2.9%, the same as the previous value. Many people think that if the data remains unchanged, everything is fine? Too naive! The data is not the key point; the key point is what psychological warfare the market is playing with the data.
Do you remember the same scenario last year? The data met expectations, but the market suddenly plummeted by 5%, and countless retail investors were forced to sell, while the big players quietly bought the dip. This is not a coincidence; it is typical expectation management, using bland data to create extraordinary fluctuations, washing out the weak hands.
What should retail investors do? Don't focus on the data itself; pay attention to the market reaction. If the data meets expectations but the price suddenly spikes, don't panic; that might be the last drop. If the price remains unchanged after the data is released, be cautious; big movements often erupt suddenly after silence.
