This Friday is Non-Farm Payroll day, and today is Wednesday. It is worth noting that the Federal Reserve's monetary policy meeting minutes will be released early Thursday morning, which needs to be closely monitored.
Additionally, due to the mourning of President Carter on Thursday, the financial markets will be closed. Data that was originally scheduled to be released on Thursday has mostly been moved up to this evening. Therefore, the current focus is on tonight's market movements.
From the current market situation, after a big drop, there is often a rebound for recovery. We should be a bit more patient with the long positions we entered in the morning.
Firstly, pay attention to yesterday's support level of 98800. If this level is broken today, it will turn into a resistance level, so we should closely observe whether it can be broken. If the market is relatively weak, it may likely test the low point from last night's close again.
During the daytime trading session, we should focus on the rebound situation based on the level of 97000. Furthermore, we should pay attention to the rebound trend starting from the secondary low support level.
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