Powell will give a speech tonight, and the market is waiting for the signal of a rate cut in September. The market continues to fluctuate, waiting for the news to become clear. Whether the rate cut or not, the market reaction is very different, but it is difficult to predict the "Tai Chi" style of old Powell.

Personally predict that it will fall first and then rise. Personal suggestion: radicals can short, and conservatives should stay calm at this moment and avoid blindly following the trend. After the trend is clear, follow the trend. Patience is the key to success, and major events require calm response.

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