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The Federal Reserve's Waller's policy is a medium- to long-term "therapy."
In the short term, it is basically impossible for him to cut interest rates after taking office, and the market has even started betting on rate hikes. His reform proposals face significant disagreements within the Federal Reserve, and the implementation process is destined to be full of challenges.
For us traders, large-scale one-sided trends should not be overly optimistic.
Today, weekend market volatility may not compare to that on weekdays.
Currently, the situation is still following yesterday's script, having already broken below the 2157-2076 range bottom.
The 2076 level is a key focus in the coming days; it is a reference line to judge whether the bearish trend is continuing to worsen.
The standard for determining whether the four-hour decline has ended is a breakout of the range; until a small-term bullish breakout above 2076 is formed, the decline is not considered to have been buffered.
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