《PEOPLE trend is confused: data is unfavorable, be cautious in bottom-fishing》
Is there any reason for the trend as shown in the figure below drawn by Zuma?
If it really develops according to this symmetrical trend, bottom-fishing is likely to be at the top of the mountain.
As for today, non-agricultural data is negative, unemployment rate is positive, and the heaven and earth needle appears instantly after the data is released. The two offset each other and have no significant impact.
In the current market, PEOPLE's trend has attracted much attention, and many investors are deeply involved in it.
However, there is no favorable data at present, and its rising market may need more time to brew.
Therefore, I would like to remind you to keep a clear mind and not be confused by market fluctuations and blindly bottom-fishing. This behavior is extremely risky and can easily lead to serious capital losses.
The market is full of uncertainty, and it is extremely difficult to predict the bottom of PEOPLE. It seems that the price has been cut below half, but it may not be the real bottom.
In addition, the market is unpredictable, and new negative factors may emerge at any time. When there is no clear upward signal and good data, impulsive bottom-fishing can easily lead to a passive situation.
In short, the current good data is far away, and everyone should be cautious about PEOPLE, wait patiently for the opportunity, and avoid losses caused by blind bottom-fishing.
PEOPLE
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