2025.4.23 How to view the market in the evening?
In the morning, it was mentioned to short around 94,500. The aggressive traders should have entered, right? It's about time to take profits and secure gains.
Key focus levels: 93,500-94,000: Currently near recent highs, the 4-hour chart shows RSI close to 70, and the MACD histogram is shrinking. If it fails to stabilize above 93,500, it may trigger a technical pullback.
After breaking 94,500, the next target will be the Fibonacci retracement level and the psychological level of 96,000, with a need for sustained volume increase.
Federal Reserve interest rate cut expectations: Continued pressure on the Federal Reserve to cut rates, with the market's probability of a rate cut before September rising to 61.8%. If the policy is implemented, it will drive liquidity into the market.
Tariff easing boosts risk appetite: Trump admits that tariffs on China are too high and plans to reduce them, alleviating concerns about supply chain disruptions and indirectly supporting the market.
Suggestions:
Long positions near 92,500 on a pullback,
If you are someone blindly guessing trends in the market and always getting it wrong! Then you will not be able to long-term follow my analysis with 333 trades every day, take profits when it’s good.
