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20:30 US Non-farm Payrolls (NFP) is coming? Hurry up and click on the profile picture to join the live channel and see if there's an opportunity to make a move!
The unemployment rate in the US for May was previously 4.2%, expected to be 4.2%, and the published value is pending!
US May Non-farm Payrolls, previous 17.7, expected value 13, published value pending!
At this moment, the market has hit the 100,000 mark and the 24.03 million annual point earlier, and has rebounded to near today's first resistance level, rebounding without a pullback, consistent with the drop without a retracement in the early morning!
If tonight's announced employment population value is higher than the previous value, it will be bearish for interest rate cuts.
If it is lower than the previous value, it is favorable for interest rate cuts.
Regardless of whether it is positive or negative news, interest rate cuts will not happen quickly. This is a judgment based on continuous tracking data, not a result of a single data point changing immediately.
The next wave of interest rate cuts will definitely come, but it doesn't seem like it will be this month!
The market volatility is actually not that significant, but many people face liquidation mainly due to position sizing issues!
What do you think about the opportunity tonight?
Let's quickly join the live channel with Brother Sao to discuss!