There is no need to elaborate on the negative news such as the rate cut and the situation in the Middle East.
Another observation is that the 7-week line has never formed a dead cross since the golden cross in September last year, but according to the current engulfing K-line, it will form a dead cross in the next 2 weeks. It is foreseeable that the news does not support too much off-market funds to go long here. The main force has been fluctuating at a high level for 5-6 months and has changed hands and is also waiting for the shoe to drop. Therefore, the rebound is becoming increasingly weak. Everyone should control their positions well. Going short at highs is also considered a "bull market"... Don't be too stubborn.