After the Fed released key data and Powell gave a speech, the market fell all the way. So far, the biggest drop has reached 3,000 points. From the perspective of technical indicators, the MACD daily line shows a dead cross on the water, and the opening of the 4-hour dead cross is also below the zero axis. After last night's data disclosure and important meeting, the trend of the market has changed from an active offensive posture to a defensive posture, and there is little possibility of returning to the upward trend in the short term.
As far as the current market structure is concerned, the pie is undoubtedly dominated by long-term shorts and short-term longs. Therefore, today’s operating strategy recommends shorting on rallies, and shorting at the 65,000 level is more appropriate.
At the same time, the market trend of the aunt is exactly the same as that of the big pie, showing a simultaneous downward trend. Its 4-hour and daily MACD indicators both formed a dead cross below the zero axis, indicating a clear and significant bearish trend. Based on this, it is also recommended to go short on rallies, and shorting on the 3210 line is a reasonable choice.
The investment market is changing rapidly, and risks and opportunities coexist. We hope that all investors will make prudent decisions and accurately grasp market trends.