$PEPE
"BEHIND FUNDAMENTALS, THERE'S A MENTAL TEST"
Hi guys!!!
Still analyzing the chart, right???
The US economy is sending mixed signals again.
Yesterday, JOLTs Job Openings went up. But today, ADP Non-Farm Employment Change dropped hard, from around 60K to just 37K. Quite a contrast, enough to make the market hesitate.
But this isn’t the final word. ADP is just the warm-up. All eyes are now on Friday’s NFP data , that’s where the real direction will likely show.
Meanwhile, outside the US, the Bank of Canada held its interest rate steady at 2.75% today. No cuts, no hikes.
A sign that global rate-tightening might be slowing… or getting ready for another round?
So here’s the real question:
Are you still a trader who only waits for green candles?
Or have you started paying attention to the stories behind the charts?
Because sometimes, it’s not your entry that’s wrong. It’s not knowing why the market moves.
Candles can lie. Data speaks truth.
Hopefully this will serve as a reminder that we must combine technical and fundamental sentiment.
Good luck guys !!!
$PEPE
"BEHIND FUNDAMENTALS, THERE'S A MENTAL TEST"
Hi guys!!!
Still analyzing the chart, right???
The US economy is sending mixed signals again.
Yesterday, JOLTs Job Openings went up. But today, ADP Non-Farm Employment Change dropped hard, from around 60K to just 37K. Quite a contrast, enough to make the market hesitate.
But this isn’t the final word. ADP is just the warm-up. All eyes are now on Friday’s NFP data , that’s where the real direction will likely show.
Meanwhile, outside the US, the Bank of Canada held its interest rate steady at 2.75% today. No cuts, no hikes.
A sign that global rate-tightening might be slowing… or getting ready for another round?
So here’s the real question:
Are you still a trader who only waits for green candles?
Or have you started paying attention to the stories behind the charts?
Because sometimes, it’s not your entry that’s wrong. It’s not knowing why the market moves.
Candles can lie. Data speaks truth.
Hopefully this will serve as a reminder that we must combine technical and fundamental sentiment.
Good luck guys !!!
$PEPE
