Currently, there is a significant divergence in the market, showing a polarization: one side believes that the Federal Reserve will almost certainly cut interest rates in September, and is preparing to hype up the expectations for the rate cut, which will continue to drive prices up for another wave. The other side believes that the Federal Reserve is about to cut rates in September, so before the cut, there will be a pullback leading to a 'golden pit', and after the rate cut occurs, there will be a surge in October-November, followed by the end of the bull market.

What about you? Which one do you see? In my view, regardless of which path is taken, the focus now should be on low buying for short-term trading, because you can't wait until it really goes up to chase the highs, right? From the perspective of the daily and weekly charts, the major-level pullback is a slow process formed by the continuous accumulation and upgrading of adjustments at the medium and small levels, and it won't drop thousands of points all at once; basically, every time it reaches a support level, it will rebound, which provides a good condition for entering long positions on the pullback. Short-term selling is still just a supplementary method for now.