The Non-Farm data is hard to deal with... Looking at the positive news, the market plummeted! Can we still trust this data?

Today, the Non-Farm data was released, and it looks like good news, with an expectation of 11, but the actual was 7.3. The growth is slowing down, which paves the way for interest rate cuts...

Moreover, the key point is that they revised down the June data from 147,000 to 14,000... and the May data from 144,000 to 19,000...

Did they just forcefully revise the very good employment data for May and June to very bad???

As soon as this news was announced, the probability of a rate cut in September skyrocketed from about 35-37% after the Federal Reserve meeting to the latest 82%... Didn't Powell say that employment is strong? Then this data just collapsed in front of you... Let's see if you will still cut rates in September!

So this should be seen as good news, right? The probability of a rate cut has increased... So the market shouldn't rise? The US stock market opened and crashed!

So this data can be changed just like that... Is the 14k+ data for May and June fake... now the truth is revealed with the revision? Or is the data for May and June real, and now there’s a wave of fabrication to push for rate cuts?

Regardless of which viewpoint is correct, one side must be false, right? So does this data still hold any meaning to believe in? Is that why the market dropped like this?

Macroeconomics aside, the market is always right... We can only forcefully explain based on market data...

Anyway, if I can't understand the market situation, I won't engage... Today, I locked in a profit at 1144 and have been in cash until now. I'll continue to observe, and tomorrow will continue...