1/ At present, the market is still immersed in the optimism after Powell's dovish speech. The focus is on whether there will be some corrections in the US market tonight.

Because if you think about it carefully, you will find that Powell did not reveal more information, except for implementing the consensus expectation of interest rate cuts, and it is still unclear whether the interest rate cut will be 25 or 50.

However, it is clear that inflation will no longer be the focus in the future, and the employment market will be the key to influencing policies.

2/ At the same time, his statement that "further cooling of the employment market is not welcome" also increased the confidence of the market. When the employment market deteriorates further, it may bring about a larger interest rate cut to prevent a larger economic decline.

The non-agricultural data next Friday, September 6th, is the top priority. After the data is released, a consensus should be reached on the interest rate cut.

I hope the data will not be too weak. Although poor data can bring about a larger interest rate cut, a preventive interest rate cut is always better than a relief interest rate cut.

3/ #SPX500 S&P V-shaped reversal fluctuated near the previous high, and will challenge the previous high this week.

There are no particularly important macro data this week, except for unemployment benefits on Thursday and PCE on Friday. More important is the financial report of #NVDA after the market on Wednesday.

If Nvidia's financial report is positive, it can help the market continue to move up.

4/ #BTC has broken through the rebound pressure level of -62000, which is a strong performance. Whether it is last week's retracement to take more or just chasing more when it breaks through, you can continue to hold patiently with a stop loss.

If the retracement does not break the rising trend line, it will continue to rebound, but it needs to stand above 67000 to confirm that the trend has reversed.

The good or bad economy will directly affect the comeback of recession trading. But before it comes, it's not bad to take a ride on the rebound.