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Dare to trade. Dare to win.
Once you muster your strength, you will be successful; but if you falter after a first attempt, you will fail on the third. Despite more than 85,000 attempts, it has not been possible to break through, and 84,000 has not been able to hold its ground. In addition, the early Thursday morning interest rate decision by the Federal Reserve indicates a high probability of no rate cut in March based on the data.
So, change direction and bounce short! Especially after breaking support this morning's fall.
Today's rebound relies on the 84000 pressure, and under this, the rebound is shorted in batches. If the support of 82400 is lost again below, it will go to the low area of 81200-80500. The key strong support is at 80000. If Thursday's data shows a bearish performance, it may continue to decline. Looking at the weekly chart, it is unlikely to rise above 87000 again this week!