This Tuesday's non-farm payroll, Thursday's CPI, how to play the data? Let's see how the market has been tracked for ten years.
Simply put, let's look at it in a way that everyone can understand!
The non-farm payroll data for October will not be released due to the U.S. government shutdown; the November data will be released tomorrow night. Currently, the expected unemployment rate remains the same as September at 4.4%. This value is basically the highest in the past year. A higher unemployment rate can be simply understood as a decline in economic vitality, leading to increased unemployment. Therefore, economic stimulation is needed, which is positive data for interest rate cuts;
The non-farm employment population has dropped by more than half compared to September, with an expected value of 4. The decrease in employment population and the high unemployment rate correspond to each other, also belonging to the positive data for interest rate cuts;
For the market, it is necessary to combine indicators to adjust positions according to the trend, rather than taking action immediately based on data alone!
The CPI data on Thursday evening is currently consistent with expectations, indicating that prices are under control and inflation is temporarily stable, which is what the Federal Reserve wants to see. This is also positive data for the Fed's goal of controlling inflation;
Combining the current 4-hour indicators after completing squats on Friday and the weekend, there has been no breakout, so tonight and tomorrow during the day, we will mainly focus on low long positions with squats, betting on a favorable expected value and the need for a rebound after indicators are adjusted!
If the actual value meets expectations, market sentiment and confidence will be restored, and with only 10 days left until Christmas, a small wave of fluctuations and increases can also be expected!
Specifically, we will see if it can meet expectations and whether trends can be established after the actual values are released;
This does not negate the trading plan for low long positions that can be arranged tonight and tomorrow during the day!
