December 16 Could Be a Decisive Day for the Market!

Many traders are still unaware, but that date could be the most crucial moment for the direction of the market ahead.

Why?

Because NFP and unemployment data will be released.

• If NFP is weak, the Fed is likely to intervene again and cut interest rates in January. Usually, this condition causes the market to pump because market participants immediately price in hopes of stimulus.

• If NFP is actually strong, Powell has reasons to hold interest rates, and the market could experience a sudden correction.

Remember… since September, rate cuts have been implemented to support the struggling US economy.

And if the economy is still shaky, the Fed will almost certainly have to inject more stimulus.