On Thursday, due to the day of mourning for the passing of the 39th President of the United States, Jimmy Carter, the U.S. stock market will be closed for a day. Let's discuss the following perspectives.

The market is currently back near the previous support level. It took a week to rise to around 1024, but only two days to drop from 1024 back to 925. The important support level below has still not been broken, indicating that this sharp decline is merely for washing out and digesting profits, and does not signify a bearish trend.

From the four-hour chart, this decline essentially offsets the previous gains, and it can be clearly seen that around 920 has been a position where prices have stopped falling and rebounded multiple times before. Including yesterday's drop to 925, which also started to rebound, reaching a maximum of around 953, but has still not stabilized at this level and continued, indicating that there is still demand for bullish positions, and it has not yet truly given a signal to stop falling and return to a bullish trend.

Next, we will focus on the two levels of 953-973. To return to a bullish trend, the four-hour chart must break through 953 and close above it, which can then confirm a short-term stop-loss signal. A breakthrough at 973 will bring the market back to a bullish trend, and I believe this week might be the last decline. When the next bullish trend returns, trust me, it will be higher than the 102700 position, and it won't take too long.

What we need to do now is patiently wait for two opportunities: the first is to buy the dip at lower levels, and the second is to wait for a stop-loss signal to enter. There is no need to rush into trading; when the time comes, I will notify everyone. For those who like my personal system, please follow and like.