Tonight's focus is on two key data points,
1. The first is the ADP employment data at 9:15.
If the actual result is below 13.9, it is bullish; if above, it is bearish.
2. At 9:30, there will be initial claims for unemployment benefits data.
If above 21.5, it is bullish; if below, it is bearish.
A decrease in employment numbers is beneficial for suppressing inflation and for the Federal Reserve to cut interest rates!
For those trading contracts, make sure to set a stop loss. If the news is bullish, the increase won't be too significant,
if it's bearish, it will be a waterfall. Just a reminder, do you have a stop loss set?