The rise of the big cake and the second cake in the early morning is completely influenced by the next "shadow" chairman of the Federal Reserve. He believes that there is considerable room for the Americans to cut interest rates significantly in the future. This has forcibly lifted the two cakes.
The big cake peaked at 94600, while the second cake peaked around 3400. Both have shown new recent highs. I also mentioned in my previous posts that while the market is largely optimistic, the reaction on the charts shows that the highs and lows of the big cake and the second cake are continuously being raised. Isn't that interesting?
You look at the market, I look at the charts, you get liquidated, I quietly hold. You can go back and check my previous posts; I have basically been continuously trading since last week, whether it’s for medium-term or short-term. The final outcome is visible to everyone.
I also emphasized before that starting from early December, you can keep trading, but you must hold before the interest rate cut.
Tomorrow morning from 2:00 AM to 3:30 AM, the market is expected to experience significant volatility. Let it move as it will; before that, just execute your strategy according to the signals given by the market.
