Share your thoughts on the morning market.
It has been fluctuating for a few days. It is dangerous if there is no direction today.
Why do I say this? Normally, it should rise today.
But according to the news, the expectation of a 25 basis point interest rate cut in September has been reduced again.
Therefore, the market cannot rise. The orders we opened on Saturday are still near the cost.
What to look at next? The hourly trend of the market has gone bad, but the daily trend is still OK. I personally think there is a risk of a small correction.
But it will not fall sharply. Generally speaking, the probability of rising is still greater.