Bull Market Exit Signal Indicator Checklist (Simplified) 1-08

Indicators are normal, refuse to be distracted by noise, patiently hold cash and wait. When more than half of the recorded indicators hit the threshold, initiate this round of bull market disposals.

Just in, the U.S. December small non-farm data has been released, falling short of expectations.

Data shows that the U.S. December ADP employment number was recorded at 122,000, below the market expectation of 140,000, and the previous value of 146,000,

hitting the lowest level since August 2024. The underwhelming data indicates a slowdown in employment growth in the U.S. private sector, suggesting a weakening overall economic growth momentum,

The ADP employment number falling short of expectations may increase market expectations for a Federal Reserve interest rate cut.