The pancake market has turned around dramatically! Powell's stance is clear, and the market is turbulent

Last night's Federal Reserve meeting shocked the market as Powell clearly stated there would be no interest rate cuts. The market's optimistic expectations instantly collapsed. Despite ongoing pressure from Trump and others, Powell remained firm and refused to yield. After the meeting, although news of easing chip restrictions was released, the market's reaction was unusually tepid, and the trend became even more perplexing. Signs of a market peak have already appeared, and the risks of buying at high levels are significant. The weekly trend suggests a downward movement, and we may face greater declines in the coming days. Do not be deceived by the surface of the market; be prepared for a bearish outlook.