Did you see that wave rise last night?

At eleven o'clock, the market took off directly, and many people were still confused. In fact, the logic is on the surface - the job vacancy data just released by the United States is out.

The October figure was 7.67 million, and the market had expected 7.15 million. This gap is not small. What does it mean? The job market is cooling much slower than most people think.

The market immediately reacted: the economy can still bear it, and after the interest rate cut in the early morning, there may not be so much room for monetary policy to continue to relax next year. Some people even began to speculate whether this interest rate cut would be the end of this cycle?

So a very delicate situation arises -

The rate cut itself is certainly a positive. But the market is beginning to worry about future policy shifts. Last night's rise reflects this contradiction: funds rushed into the market before the news landed, but they were not very sure about the follow-up space. First pull a wave to create a rebound atmosphere, and after the boots land, maybe they will be shipped backhand.

So my opinion is simple:

Don't bet on the direction before the big news is announced. Especially don't touch high leverage. The real direction choice has to wait for the decision to come out at three o'clock in the morning.

There are two things to focus on:
One is what Powell said at the press conference, and the other is the dot plot of the officials' interest rate forecasts. These two points will directly determine whether the market is really started or short-lived.

When the news lands, let's see how to go.