Is the big non-farm payroll data coming at 20:30? Hurry up and join the live stream to see if there are any opportunities to take action!
The unemployment rate in the US for May was previously 4.2%, expected to be 4.2%, and the published value is pending!
The non-farm employment population in the US for May had a previous value of 17.7, expected to be 13, and the published value is pending!
At this moment, the market has hit the 100,000 mark and 24.03 million annual points earlier, and has rebounded to near today's first resistance level, showing a rebound without a pullback, consistent with the earlier decline without a retracement!
If the published employment population tonight is higher than the previous value, it will be bearish for interest rate cuts.
If it is lower than the previous value, it will be bullish for interest rate cuts.
Regardless of whether it is good or bad, interest rate cuts will not happen quickly; this is a judgment based on continuous data tracking, not the result of one single data point changing immediately.
The next wave of interest rate cut cycles will definitely come, but for now, it does not seem to be this month!
Market volatility is not really that large, but many people have faced liquidation mainly due to position issues!
How do we view opportunities tonight?
Hurry up and join the live stream to discuss together!