The fourth day of witchcraft seems to have arrived early. Last night, when the bullish trend reached 90000, I just balanced my short position and came specifically to wash my position. As soon as it was balanced, I killed my horse and started to fall... The reason behind this is that the market has shifted from expectations of interest rate cuts to growth panic, and several blue chip stocks have begun to loosen, with Nvidia also suffering heavy losses. The market is digesting the recently released employment data (the unemployment rate unexpectedly rose to 4.6%). From initially bad data=interest rate cuts=positive ->to bad data=economic recession=decline in corporate profits=negative. This panic gradually dominated during the trading session, overwhelming the optimism of the morning session. Essentially, the rebound without positive support has been driven back to its original form by recession fears, but there are also many special planes in the future, such as the Federal Reserve's change of leadership, and recent candidates have begun to show some reluctance, which is also the reason for the high opening last night. However, it was later discovered that there was no new funding to take over, coupled with the current weak commitment from the Federal Reserve and concerns about an economic slowdown, which led to profit taking fleeing and falling back to its original position. However, the fact that there was no record low during this period is also a good signal. Positive and negative news have reached the midpoint of the game, and since the risk has been released, there are not many negative news in the future. This can start to create an opportunity for a Christmas reversal.