Good morning everyone, currently this trend is being observed. After Powell's surprising interest rate cut, it will definitely lay the groundwork for subsequent policies. There's a fear of you doing well and a fear of you not doing well, which is not the first time.
However, it can be seen that the purpose of this lower shadow line is also to trigger a bullish position. This interest rate cut is like giving oxygen to a patient; the patient (market) can immediately sit up and say I'm much better, but only the doctor understands. This is just a stopgap measure. If the economy does not fully recover, it is equivalent to extending the patient's stay.
I suggest entering the market at 113400, adding positions above 114100, and first looking for a break below 112000 to see 109000.
