April 19th Afternoon Thoughts
From a technical perspective, the overall market is in a high-level consolidation with small fluctuations. A long lower shadow appeared on the daily chart, indicating that there is certain buying support below. The MACD on the hourly timeframe is near the zero axis, and the histogram is shortening, suggesting that the market may be entering a consolidation phase. Today's strategy remains to focus on light short positions.
Short on the rebound to the 855-860 range, with a target around 838.