Jin Dachuan 7.31 Big Pie Thoughts

I have always emphasized that the big trend is bullish, from 75,000 to now, Jin Dachuan still insists on looking bullish in the big trend! This is not stubbornness, but an understanding of the background and insight into the market!

Just now, the Federal Reserve's decision at two o'clock still maintains the original interest rate, which seems to be bearish, but in fact, it is not; those who only care about the result and do not analyze the process are just being smart after the event!

There were two dissenting votes in the decision, which is the first time in 30 years! This indicates that there are already contradictions within the Federal Reserve, and interest rate cuts have become increasingly uncontrollable for Powell! This represents an increasing possibility of a larger interest rate cut in September!

Technically, there is no doubt, still in the consolidation phase of impacting 128,000, currently operating within a small bullish flag, we still primarily aim for a bullish trend!

It is recommended to use 116,800 (daily EMA 21) as support for a bullish outlook, targeting above 119,000.