Tonight at 20:30, the battle over CPI: will we continue to charge forward, or will there be violent spikes?
First of all, CPI data is one of the three most important data points of the month. Whether tonight's CPI data can resonate with the major non-farm payroll data will be key to whether the positive sentiment can continue!
Tonight, there are four CPI data points, with three currently expected to rebound slightly!
This belongs to the category of expectations being slightly bearish. There is a demand to push higher intraday, last week's major non-farm data was favorable, and today's CPI expected value is slightly bearish, but we cannot rule out a direct reversal at the moment the data is released!
In short, the market is still a back-and-forth between major and minor trends, with the primary focus this week being on a bullish trend!
Therefore, before a clear signal of a huge volume top and a confirmation signal of a decline is revealed, both long and short positions must be controlled!
If you do not control your positions, then just wait for liquidation!
It's not the market that will blow you up, but rather your own choice to go down that path of liquidation, because your position management is terrible, and you have no capacity for risk resistance!
In the case of a deep push higher in tonight's CPI, you can gamble on a pullback to go long!
Reduce positions significantly before the data is released!
At the moment the data is released, those who are watching the market should quickly choose to insert orders in the opposite direction for a counter-gamble!
If you're slow, then don't engage in the thinking of trading around the data release!
If tonight's announced value is consistent with the expected value, at most it will be a combination of the favorable major non-farm data!
There is little impact on the expectations for the interest rate cut cycle in the second half of the year! Long-term investors should not panic!
