Someone asked, at what stage will the market turn around (reverse) this month?

At present, it is hard to say whether the market will turn around. It may be at the end of the month, or after September 18 (if the interest rate is cut by 50 basis points). There may be two opportunities to buy the bottom this month, one before the meeting and one after the meeting. The expectation of interest rate cut may be hyped within a week before the meeting, so it will rebound to one day before the meeting, that is, Thursday and Friday of this week. If it drops to a low point, it will retreat, but it may not necessarily reverse, unless the retracement is very strong, directly breaking through 61,600 and hitting 64,600 or above again. As long as it is below 61,600, it is a bearish trend.

The Fed cut interest rates by 50 basis points for the first time, which has never happened before. The probability is very low. So there is basically no hope. If it is, it will be fun, and it will bury a bomb for the next interest rate meeting, because this time the interest rate was cut by 50 basis points, if the interest rate is cut to 25 basis points next time, there will be a short-term plunge. This logic is like the first time you are given 2 candies, your happiness is 100, and you are full of expectations for the next time; if you are only given one candy the second time, you will not only be unhappy, but will complain. This is human nature, and the market knows human nature, while those who manipulate the market are against human nature.

As long as the trend has not reversed, it is mainly to go short at highs and supplemented by light positions at lows. Let's go and see.