During the May Day holiday (5.1-5.5), some speculative capital in the A-shares may choose to enter the market, and the market leaders may take this opportunity to push the market up.
If you hold long positions and already have floating profits, it is recommended to lock in some profits first, and set a breakeven stop-loss for the remaining positions. As long as the key support level is not broken, you can continue to be bullish.
Tomorrow (5.1), there will be a monetary policy meeting in Japan. If the result indicates no interest rate hike, the market may quickly welcome a surge in momentum.
It is worth noting that on the night of May 5, especially in the late night, the main players may take advantage of investors' complacency to launch a sell-off, and it may even happen as early as May 4 (Sunday night) to pave the way for the subsequent monetary policy meeting. Typically, 1-2 days before the monetary policy meeting, the market will enter a consolidation period, and a downward trend may begin during the U.S. market hours on May 7.
Therefore, next week's operations should remain cautious, reduce leverage and maintain a light position.
Before the Federal Reserve's monetary policy meeting on May 8, the main funds often exit the market 24 hours in advance to observe.
The market generally expects no interest rate cut in May, and this result meets expectations, which does not constitute substantial negative news;
However, there is a higher probability of an interest rate cut in June, and related positive expectations may be reflected in May.
In terms of operations, avoid shorting multiple times at the same price level, and it is essential to set stop-losses for positions. It is more prudent to place short orders in batches within the range of 96600-99200.