There will be a lot of important data today and tomorrow night, and it will definitely be a big deal. Everyone should be careful about the risks. Those with weak psychological tolerance can wait for directions with short positions. I boldly predict the market in the next two days:
① There may be a big drop before the data is released at 8:30 tonight. It is understandable that large funds want to avoid risks.
② There will be three data at 8:30, the number of unemployed, the first quarter GDP and the PCE price index. The Federal Reserve always says that it cares about the inflation rate (closely related to PCE), but in fact GDP is the most important. If GDP does not grow, interest rates will have to be cut. If GDP is okay, it is possible to hold on until next year. The market is likely to rise, which is a lure to buy more. Don't be fooled. There will be a big waterfall later to wipe out all the gains in the past few days.
③ The Federal Reserve will definitely be hawkish tomorrow night, and it will be miserable then.
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