Hello everyone, I am Shihun.
Looking at the current dead state of the big cake, it is completely following the post in the afternoon, which said that 61430 is regarded as the high point, and the three waves of abc waves have fallen.
Then the three interest rate cuts mentioned in the previous post, now give the feeling that the probability of a direct decline after a 25 basis point interest rate cut has increased. I am not sure whether it can break through the high point of 61340.
However, for the big market that everyone is looking forward to, it is better to place an order at a high altitude. The position of the order near 62500 does not need to be heavily stopped at 63000. The stop loss of 500 points can fight for a profit of 1500-2000 points of decline.
If you look at the long orders further down, there will be support in the range of 58300-57700, but this is definitely not a place to place an order. You need to observe and you can do it tomorrow morning. If you find that the price has gained support here tomorrow morning, or there is a bullish positive line, then go long at the market price here. This is tomorrow morning when the night fluctuations are almost over, and then consider entering the market. Don't place an order here, just wait. The details will be tomorrow morning.
Then there is only one order left, which is to place an order at 62500 to place an order, stop loss at 63000, and no stop profit
If you haven't seen the interest rate cut expectations, you can go to the previous post to see it, of course, it is for reference only.
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