4.30 Morning Analysis

Today is the last day of April, and Labor Day is approaching. Last night, the big market dropped from 954 to around 937. The effect of the analysis has been realized, and tourism consumption has already been advanced. There was a slight pullback this morning; let me mention an old saying, a rebound is an opportunity for the market, prolonged stagnation must lead to a breakout. I hope everyone can have the budget to travel, and I firmly believe the market will see rate cuts in U.S. stocks. In the short term, I think the market will rebound to around the 950 level before continuing.

From a technical perspective, it is still an overall high-level oscillation trend. Looking at the daily chart, there is a long upper shadow, indicating significant resistance above. The MACD is in the negative zone and is showing a narrowing trend, with the upward momentum gradually weakening. In the short term, it leans towards a downturn; the RSI is close to 50, not entering overbought or oversold territory, remaining neutral. Given this point, I personally believe there will be a rise followed by a fall, with the upper level struggling to break through 955 and 960 points, continuing to decline. In the medium to long term, we can continue to look at the 920 level.

For a rebound near 960-950, consider entering the market.

Target around 940-436.

For a rebound near 1850-1830, consider entering the market.

Target around 1780-1740.