The trading range after the market fell sharply last week was 25320---26800. The daily K-line rebounded to the 10-day moving average and was blocked. Recently, the market has been trading sideways in the range of 25320---26800 for some days. There is a probability of a new low in the near future. Not big, we still need to wait and see for the second exploration of the price in the medium and long term. Recent events will focus on the annual meeting of global central banks in Jackson Hole tomorrow night, and the Fed’s leading speech.