A shares, every time there is a rate cut, the market always reacts remarkably similarly!\nSince the Federal Reserve cut rates on September 18, the market surged and then retreated, consolidating for four days before starting a new wave of market activity, and again on October 30 when the Federal Reserve cut rates, the market surged and then retreated, consolidating for four days before starting a new wave of market activity.\nToday is no different; after the rate cut, it’s the first day of consolidation. Fortunately, I pointed this out several times yesterday afternoon and evening, and those who agreed with my viewpoint should have been able to avoid this wave.\nSo how should we look at what’s next? First, my opinion: today the market has already broken below the support of the rising trend at 3816-3859, and around 3885, including the 5-10-20-30 day moving averages, all have been broken.\nIf there is a rebound tomorrow and the closing cannot rise above the five-day line, or even above 3885, the consolidation is still not over.\nWhere do I see it going down to? Personally, I lean towards the two positions around 3840 and 3780.