Part 4/7:
As the pertinent economic data, including the upcoming PKI figures, looms on the horizon, market participants are not overly inclined to view these releases as major drivers. The broader trading environment appears to prioritize existing market positions, especially as holiday distractions divert consumer focus away from financial markets.
During this critical period of the year, the traditional dip-buying activity is noticeably absent, as many individuals are preoccupied with personal engagements and spending. This lack of retail engagement could result in a continuing downward momentum in the market without significant intervention from economic data releases.