Data · 06 consolidate and neutral and consolidate
Yesterday's trend: Consolidating.
Today's important financial forecasts data compare with the previous data: Neutral and no direction.
Guessing boldly, the future trend is: Consolidating.
Trends generally do not change:
a large number of buying positions, promote the trend continued to rise, even if the data is not ideal and negative, it is impossible to reverse the rising trend, the most probably will let the trend into a new consolidation state.
a large number of selling positions, promote the trend continued to fall, even if the data is ideal and positive, it is impossible to reverse the falling trend, the most probably will let the trend into a new callback state.
Trends may change: only published results of a few very important data, such as interest rates, non-farm payrolls etc that is difference too large with he market forecast data, then, the trend is likely to reverse.