The script aligns with expectations and predictions.
Friends, yesterday during the live broadcast, I predicted that after a second decline, there would be some consolidation followed by a rebound, and I will closely watch whether the small-rate hike will be just 25 basis points. Today, the small-rate hike was in line with market expectations of 25 basis points. During yesterday’s live broadcast, we also mentioned that if it’s only 25 basis points, the negative impact will be limited, making a rebound easier.
From a technical perspective, the market experienced a five-wave decline. Technica
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