Tonight, an important data release is scheduled, specifically the US April CPI. If the data is favorable, the probability of interest rate cuts will increase; conversely, it will decrease. The market currently predicts this will happen by July.

Last night, US stocks opened high and rose, but the market showed signs of correction, with the index experiencing a sharp drop. Almost every time favorable news emerges for Trump, the index and the stocks also see a significant correction.

Brother Qi suggests that we should remain cautious in the current market and not enter positions. The index is still on a downtrend, and it is not advisable to chase short positions. Wait for a wave of correction before shorting at a higher point.