Currently, this period is a volatile market, and the painful reason for everyone recently is that pinning V rebounds are everywhere.

From a structural perspective:

The overall trend is still a downward trend. From the peak of 124 to now, the market has gone through a decline -- consolidation -- decline -- consolidation.

The market is currently in consolidation, and you can see that this consolidation still resembles a bearish flag's prototype, somewhat similar to the last consolidation structure.

With the upcoming interest rate meeting, be aware that once it breaks the trend line and refuses, there will be another downward test.

However, from my personal perspective,

because we are currently experiencing a volatile upward trend, the short-term outlook remains bullish unless it breaks down.