Tonight at 11 PM, the U.S. Core PCE data for September is coming, with an expectation of 2.9%, unchanged from the previous value—but don't think that "if the data doesn't change, it will be stable"; this could be a carefully designed psychological battle!
Don't forget last year's similar plot, right? The data met expectations, and the market immediately dropped by 5%, retail investors panicking and selling off, while the big players quietly bought the dip. Mild data + violent fluctuations are essentially the expectation management of washing out positions: using "unexciting" numbers to create panic, clearing out the weak hands.
Retail investors shouldn't fixate on the data itself; the market reaction is key:
• If the data meets expectations but the price suddenly plummets, don’t rush to sell; that could be the last drop;
• If the price is unusually quiet after the data release, it’s time to be alert—often, silence precedes a big move.
Remember: data is a decoy; market sentiment is the scythe. Tonight, don't be the leeks "placing orders based on numbers"; be the hunter "reading the sentiment to survive."
Not sure when to enter, bamboo leaf😘
