Today is October 5, 2024, Saturday. After several days of decline, the market has started to pick up in the past two days. Therefore, those who want to buy at the bottom can choose their favorite stocks and start ambush and increase their positions. According to the current market trend, I personally think that this round of decline should have bottomed out, which means that as long as the market falls back, it will be an opportunity to enter the market. Of course, there is no 100% transaction, it is just a matter of probability. The current probability of rising is greater than falling, so you can try to build a position on dips.
In addition, two important data were released yesterday: non-farm employment was 254,000, the forecast was 140,000, and the previous value was 159,000; the unemployment rate was 4.1%, the forecast was 4.2%, and the previous value was 4.2%. This is a great boon to the market. The United States is telling the world through this data that their economic situation is very good, and there is no need to cut interest rates too quickly, nor to worry about recession. If there is no recession, the next interest rate cut can continue to be reduced by 25 basis points or even 50 basis points. The political factors are self-evident. I personally think that there is no need to worry about the decline in risk asset prices before the election.
As for spot goods, if you want to cover your positions, I personally think you can enter the market now. There is no problem with the shape. In addition, CFX, which we mentioned last time, has recently rebounded again following the market. There are still three days before the A-shares open, which is next Tuesday. I personally think that a new round of speculation should begin. Therefore, if you have no research on the A-shares and want to take advantage of a trend, it is still a very good choice to ambush CFX. The real climax has not yet arrived. Now is the early stage of building positions. Looking at the history of past increases, it is still possible to make a small profit with a big risk.
There is another target that you can also pay special attention to, which is rndt. Judging from the relationship between volume and price, there are obvious signs that the main force is building a position. It is not bad to ambush with a small position for some spot speculation. After all, it is also a target of currency investment. After the main force has finished absorbing funds, there should be a good wave of pull-ups. You can focus on the breakthrough of the downward trend line and then choose to cover your position.
That’s all for today, see you next time!
