Do not look at new peaks over the weekend, giving back 38.2% of the increase in the last 24 hours is the most basic, retreating to the Margin Renewal level does not significantly increase the average cost. Those who say that the rise will not come down in the morning hours, saying that the rise is strong, are wrong, we should look at things from the perspective of the development of change. The morning session may be strong, but there may be retracements in the afternoon. No matter how strong it is, it will not easily settle at the 63800 level, and moreover, approaching around 65000, which was the rise point this morning, was around 60666 yesterday, it is impossible not to have a retracement with an increase of more than 4,000.

As we mentioned a few days ago, after breaking the resistance, it will enter a small uptrend (we predicted the interest rate cut 1-2 weeks in advance, but ignored Powell's speech on 8.23, now the market situation is clear). After that, we will gradually be in an upward trend, but we may still encounter obstacles for short-term short positions, but market data now favors long positions, so our main position should be long, and the high short position should be supportive. Long positions can take profits in stages at levels of 66600 and 68350 and realize 75% profit, follow the market conditions for the rest. This uptrend is already pricing in the interest rate cut in September, which has been confirmed. When the interest rate cut takes place on September 18, a sharp drop will begin. Set an alarm, get out before September 17, secure the current profit, and prevent a retreat. Every three months, it's time for a change in the market trend, and the decline is being made to prepare for a new trend in the next quarter. The margin renewal opportunity will come in the middle of the next month, and if the fourth quarter starts with a one-way uptrend, there will need to be a significant correction towards the end of September.