The real big problem for the USA is the yen!

The Fed unexpectedly lowered interest rates by 2 digits. This problem may be the moment when Americans, after playing with the economic data for the past few years, are about to face a collapse. Old Bo knows that he won't last long in this position, and interest rates must be lowered because the economy itself can no longer support it. The seemingly beautiful data can only be mentioned at press conferences, where they can only keep talking about a soft landing. International situations are no longer something that Americans can address with a single statement. Take a look at the situation with the Japanese yen, it'll be a big shock, which will cause a crash in global stock markets. (Yen analysis is pending, I haven't started yet, I'll make up for it this weekend, I'll provide a link later.)
For short positions, don't add to your position easily, and remember to have iron-like discipline. Do not add positions when losing money. Only add positions when making money.
Seize the rebound intraday, wash the cost, follow the rules, do not arbitrarily add positions at what you think is a low point, it will only lead to continuous losses, making the hole bigger. The amount added on the day should be closed out on the same day.
Safe methods to seize the rebound on the day, both long and short can be used! The five-minute MA20 rule is a safe and effective method that allows you to see immediate results!

This week has four witching days, but in fact, the MMs had planned out this week's strategy last week. Do you remember last Thursday? On that day, the MMs turned off their algorithm programs because they needed to calculate the overall order capital size in the market. Usually, this only becomes apparent two or three days before the settlement date. Therefore, today, on the witching day, there won't be significant market movements since they almost balanced out yesterday. Expect oscillations and sideways movements today.

I have to say, this move goes deep, from that Nick to the trend of SOX in the days before, it's a very clever move. SOX has been suppressed below the second-level red line these days, and on the day after the FOMC, it formed a shooting star, a bearish reversal signal. The Fed and Old Powell knew that if they cut the interest rate by 0.2 points that day, and if the stocks soared, he would definitely be criticized badly. Looking at the trend of that day in the future, people would only see the interest rate cut, resulting in stock decline. No one would pay attention to the interest rate cut on the day when the stocks surged. In fact, Old Powell and WS have cooperated many times in doing this kind of thing.
If the stock teacher you follow misreads the market situation, it is normal because this is an artificially manipulated situation, not evolved from market trading.
Technical analysis cannot predict artificial market manipulation.

Although SOX has risen significantly, it won't be easy to pass through the 5070 resistance line. This 5070 red line represents a bunch of trapped traders in the previous wave, waiting to break free. Market makers have finally unloaded their stocks, will they create the market again and buy them back? The shooting star's upper shadow the day before ended up helping the index trend down yesterday without creating a gap, and the trading range remains weak in this area. In the future, there will be a large red candlestick in this range, directly leading to a sharp drop. The probability of SOX breaking the previous high is decreasing significantly, maybe only 15%.

Key point: This artificial bullish trend may last for three days, Thursday, Friday, and next Monday. So it's not advisable to increase short positions easily. Only unless one is strong enough, but still recommend to consider it on Monday. If 4970 falls, those who are long should run, because the probability of falling into the triangular range of the second pressure line increases significantly. If it falls into that range, this rebound wave will also end, and yesterday's gap-up surge will become a false breakthrough on the daily chart, followed by a declining retracement, which will be a grim situation.
For those who are long, they should reduce their long positions to 30% during this rebound wave.
$PHLX Semiconductor Index (.SOX.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$ $VanEck Semiconductor ETF (SMH.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$