Lewis Huang says fading macro pressure is bringing technicals back into focus
According to ChainCatcher, Bitget CFD Chief Analyst Lewis Huang said in an online livestream titled “Cooling Rate-Hike Expectations: Technical Analysis Takes Over the Trend” that global financial markets are now at a key turning point where macro narratives and market structure are alternating in influence. As a fresh round of broad economic data has been released, market concerns over the Federal Reserve maintaining an aggressive tightening path have eased significantly.
Huang said that with the restraining force of macro fundamentals weakening, capital is starting to look for new direction. In his view, the market’s core trading logic is gradually shifting away from a purely headline-driven framework and moving back toward a technical-analysis-led approach. He added that when macro expectations become more aligned or stabilize, technical analysis tends to reflect market information more fully through price movement.
Gold, U.S. stocks, and stock indexes show clearer chart structures
During the practical analysis segment of the livestream, Huang reviewed the latest chart structures in gold, U.S. equities, and popular stock indexes. He said that as rate-hike risks continue to fade, clearer technical boundaries are emerging in both non-yielding assets such as gold and risk assets such as equity indexes. That development, he noted, provides traders with more visible reference points for identifying both swing opportunities and broader trend setups.
Based on the current market backdrop, Huang suggested that CFD traders should temporarily reduce their reliance on trading around macro data releases. Instead, he said, traders may consider shifting more attention to price action itself, using key support and resistance levels together with trend indicators to respond more flexibly to sentiment rotation and to capture short- to medium-term directional moves.