The European Central Bank's interest rate cut in September is a foregone conclusion. The market is also fully pricing in the Fed's interest rate cut in September. Even if the Fed insists on not moving in September, a rate cut this year is a must. The further back in time, the more favorable it is for the big cake. The compensation in Mentougou may limit the upward momentum of the big cake in the short term, but the new upward trend has been established at the beginning of this week. The compensation event in Mentougou is just a small correction of the new upward trend and will not affect the upward trend of the concept. Technically, the big cake: the small Yin and Yang daily K-line after the big Yang line that reversed the downward trend of more than one month at the beginning of this week is a relay consolidation, and the upward trend at the beginning of the week will continue after the consolidation. Intraday trend, cloudy to sunny. Support below 62373; 60,000, upper resistance 66128; 67300.70,000, 72,000. Trading suggestion, adjustment is a chance to buy on dips.