Today's market sentiment is indeed weak. It took a lot of effort to rise above 92000, only to be quickly pushed back down, as if the strength hadn't been fully built up before reality pushed it back to its coordinates. This short-term fluctuation more reflects that the market is waiting for a direction, and the real direction is likely to become clear only after the Federal Reserve Chairman makes a final decision.
Before that, negative factors will continue to dominate the rhythm, and funds will tend to be cautiously observant. My strategy is to remain patient, not to chase highs or be aggressive, and to wait for news to land and liquidity expectations to be repriced before looking to see if the market can establish a powerful trend. Short-term fluctuations are inevitable, but the opportunities in the larger cycle will not be swallowed by this small segment of volatility.
