It fell directly in September. Let me explain the logic of the decline here.
The unemployment rate in the United States on September 6 is a very important economic data.
Retail investors don’t care, but those large capital institutions with hundreds of millions or billions of spot capital can’t. They want to avoid risks. To avoid risks, they have to reduce their positions and smash the market to avoid the unemployment rate data on September 6. If the data is good, they will buy it back again. If the data is not good, they will continue to smash it.
So the 60,000-55,000 and 56,000 sections in early September cannot be avoided. This is the normal trend of falling with the trend.
This decline will be completed in early September.
Others will wait until it falls to 55,000-56,000.
Summary: The negative line in August has been determined. There will be a small shock rebound to around 60,500 in late August and early September, and then the market will fall to 55,000-56,000 in early September.
If it falls to 55,000, it will probably rise by 2,500 dollars and rebound to 57,500.58,000.
This is the market trend in the next week.