Although, we may need to lower some expectations.

Perhaps the price won't reach around 980 on the daily line, although there is still a chance before the FOMC.

However, this kind of thing has always been about speculating on expectations. After the FOMC, we could see a surge driven by Japan's potential interest rate hike, unless they cut by 50bp. But if they really do that, it could be the last dance of this bull market.

Actually, I would prefer to speculate on expectations, but not cut this month, then keep the 50bp cut for next year. This way, no matter what, this expectation will linger, and the market will still have something to speculate on.

Moreover, I hope Powell doesn't get replaced, because there's a significant chance that could lead to a plunge in the neighboring U.S. stock market. The 'you jump, I jump' scenario is best avoided.

The recent resistance level is 923, but it won't become a heavy resistance level here. Watch closely around 930, 935, and 940.

I hope we can move up a bit more, as there are too many trapped bulls. I hope everyone can break free and hold positions to catch a good bottom in Q1 next year, instead of just waiting to break even.