Tonight, the ADP employment report and initial jobless claims will be announced. If the ADP employment data performs poorly or initial jobless claims unexpectedly rise, it may intensify market concerns about the pace of economic recovery, further affecting expectations for the Federal Reserve's monetary policy.
Tonight is either a significant bottoming out returning to 100K or a deeper downward support near 915.
Currently, all moving averages remain below the horizontal level, continuing with a bearish trend. Yumi suggests continuing to short test in the afternoon along the Silk Road, waiting for evening signals before taking further bottoming actions.
Pay attention to key support levels 938/3300 and resistance levels 965/3400.