What should I pay attention to next?

1. Clarify some of the Fed's remarks in the future. Inflation is no longer a factor that hinders interest rate cuts. This statement has deleted remarks about high inflation.

In the future, the Fed will focus on unemployment and employment reports, so future non-farm data and employment reports will become key data.

In the future, the Fed can accept an unemployment rate of less than or equal to 4.4%, and core PCE is controlled within 2.6%.

2. Pay attention to the interest rate decision of the Bank of Japan at 11:00 tomorrow, and then the speech at 14:30. If there are hawkish remarks and interest rate hikes here, it will be bad for the market.

Just like the previous financial market crash caused by concerns about the Bank of Japan's interest rate hike and the flight of arbitrage funds, this time the Fed's interest rate cut may ease this pressure.

3. It must depend on the future trend of US stocks and Bitcoin. From a technical perspective, whether it can cooperate with the interest rate cut, especially Bitcoin continues to be suppressed below the MA200 daily line, which is a medium- and long-term reversal indicator.

4. Although the Fed has ended the rate hike and entered the rate cut cycle, it has not ended QT. Therefore, short-term market liquidity is not obvious simply by rate cuts. We need to pay attention to the progress of the Fed's balance sheet reduction and when it will stop.

In any case, this rate cut is a big boon to the market, and the Fed has no problem supporting the market. This can be seen from history. Inflation has been controlled. In the future, the Fed's focus will be on how to make the economy land softly without triggering a recession.