2025.4.23 How to view the market in the evening?
In the morning, it was mentioned to short around 94,500, the aggressive brothers should have entered, it’s about time to take profit and secure gains.
Key focus areas: 93,500-94,000: Currently near recent highs, the 4-hour chart shows RSI approaching 70, and MACD histogram is contracting. If it fails to hold above 93,500, it may trigger a technical correction.
After breaking through 94,500, the next target is the Fibonacci retracement level and psychological barrier at 96,000, which requires sustained increase in trading volume.
Federal Reserve rate cut expectations: Continuous pressure for the Federal Reserve to cut rates, with the market raising the probability of a rate cut before September to 61.8%. If the policy is implemented, it will promote capital inflow.
Easing tariffs boosts risk appetite: Trump acknowledges that tariffs on China are too high and plans to reduce them, alleviating concerns over supply chain disruptions and indirectly supporting the market.
Recommendations:
Long positions near 93,000-92,500 on pullbacks,
If you are blindly guessing trends in the market alone, but always end up going against the tide! Then you definitely won't be able to follow my insights for long. I make one or two trades daily, take profit when it's good.
