2023.8.25 The strange and the right come into being, just like the endless cycle, how can we stop it?
What needs attention today is the Federal Reserve Chairman Powell’s speech at the Jackson Hole Central Bank Annual Meeting at 10:0.5 am Eastern Time on Friday (10:05 pm on Friday, Beijing time).
Bob is unlikely to reveal the Fed's subsequent thoughts and may review what the Fed has already done. Such remarks would emphasize that the Fed's work in fighting inflation is not yet complete;
I think I might be a bit more dovetailed, so that I can make a killing later. It may be even more uncomfortable in the future, but I can’t retreat anymore. One step back will lead to an abyss!
technical aspect
Daily line: The previous thinking remains unchanged. From mid-to-late September to the 21,000 line, a big black swan may appear in November, and the market outlook is not optimistic.
Four-hour line: This price remains unchanged, it will reach the 27500 line, then it will fall again, and the form will take a complete form of A, B, and C.
15-minute line: This is the last transaction at 15 minutes, and it is expected to reach the 24,500 line.
Operation plan: continue to hold 31,300 short orders, and continue to hold 25,300 long orders.
Add a short position near 27500. If this price reaches 24500 in fifteen minutes, add a long position, wait and see.
