S&P 500

· Trend Assessment:

Weekly Trend: ES has confirmed a weekly high, and overall market sentiment is maintaining a bearish trend before early January.

Weekly Composite: The main downtrend has started, and it is expected to last 2-3 weeks.

· Key Factors:

The daily low may have been completed, and the short-term trend is in horizontal consolidation, followed by a potential upward adjustment for 2-3 days.

· Trading Strategy:

The current rebound is merely a short-term correction against the weekly downtrend, which may last for 3-4 days.

It is recommended to focus on short positions after the bearish rebound, avoiding chasing long positions.