Super data week is here! Whether the market will soar or crash depends entirely on these data!
Guys, this week is a super week for macro data. Those looking to trade short-term or swing trades, keep your eyes peeled!
In the next few days, the US core PCE, non-farm payroll figures, unemployment rate, and PMI will all be released.
Each of these figures could be a major market detonator.
Especially the core PCE—the Federal Reserve's favorite inflation indicator.
If the data exceeds expectations, expectations of a rate hike could be reignited!
US stocks, gold, and Bitcoin will all be shaken.
If you don't monitor the data before the market opens, you could be caught off guard after the market closes.
Don't forget: the real market moves often begin after the big data releases.
Pay attention to your schedule, keep track of time, manage your positions, and don't take stop-loss orders lightly.
Whether you can profit this week depends entirely on your preparation!