Yesterday, the number of first-time unemployment benefit applicants came out, slightly lower than expected, which can be regarded as a positive.
However, this positive news does not stimulate the current market much. The oscillation cycle is expected to continue for a while, and it will be at least until October before a new wave of market conditions can be launched.
The current market fluctuations are very small, basically fluctuating between 63,000 and 66,000. Many people like to arbitrage repeatedly in this range.
Small capital can try, but the main position must not do these meaningless things.
The fluctuation is very small, the profit effect is very low, and you can't make much money even if you do it right. It's better to take a good rest and do spot trading honestly.
The current trend is oscillating. Although the upward channel seems to have been opened, there is still great uncertainty in the short term.
I still suggest that you don't operate frequently.
