CPI will be released in the evening. The trend tonight is very important. Next, I will make a prediction for the future market for you brothers:
First: The current position of the market will bottom out twice, which is our last chance to get on board. The main upward wave will start from August to October in the future, and the interest rate cut will be around September and October. At that time, there will be a high point, which is about 86,000 to 96,000. Whether it can reach 100,000 is not the key. The important thing is to know how to escape in time. The high point will appear at the end of this year and the beginning of next year. Every time the interest rate is cut, the US stock market will fall back by more than 20%. This is by no means alarmist.
Second: After the high point appears at the end of October and the beginning of November, many people will be trapped in this position, and the mood will be extremely fanatical. They are totally wrong, ridiculously wrong, completely replicating the last bull market, thinking it will last until April to May next year.
Third: This is a bull market, but don't expect all the coins to rise together like the last bull market. People who have this idea must have entered the market in the last bull market. The interest rate cut means that the biggest narrative has been settled, and there will be no new narrative to tell. The US stock market, which has been soaring this year, will also have a correction, and it will collapse when the interest rate cut begins!
Fourth: Next week, you can start to lay out the long-term trend of building positions. Every sharp drop in the market is an opportunity. This time, you can hold the position until the end of the year.