Last night's interest rate was cut by 25 basis points, and the market experienced a rollercoaster行情
After the announcement of last night's rate cut, the market showed a classic rollercoaster-like fluctuation. Currently, the job market in the beautiful country is still decent, so the likelihood of a rate cut in December is quite low.
From a technical perspective, the market is showing a bearish trend, with a large bearish candlestick falling straight down, and the K-line is being suppressed by the moving averages, as if being ruthlessly pressed down and rubbed on the ground, with the overall bullish momentum shrinking.
Short near 111500, targeting 108000.
