A rebound of 2000 points started at noon, so after the release of tonight's April CPI data, should we go long or short? Based on the expected data, the April CPI is anticipated to rebound. If it exceeds expectations, it would be bearish; if the CPI rebounds too quickly, the Fed's interest rate expectations will be postponed, which is also bearish for the market. Conversely, if the CPI does not exceed expectations, it would be bullish. Especially after the daytime rebound, one should not chase long positions but rather choose to short at high levels or wait for a pullback to go long.