Brother Wu's article provides a comprehensive and logically clear overview of events since February. Although it is a bit lengthy, it is highly recommended to read and provides directional suggestions for the future direction of the risk market. I am a simple and rough dog with a tail. I am just playing tricks on my team The US stock market began to experience a significant decline in the Middle East in March, while the Big Dipper began to fall sharply around early February. Although there are many theories about the reasons for the Big Dipper's decline, it has already passed. Digging deeper also depends on each person's individual thoughts. The US stock market is experiencing a downturn due to poor macro fundamentals and geopolitical conditions. As Mr. Wu mentioned, fundamentals are the top priority, and as long as there is a high cost performance ratio, a position can be established. Simply understand what high cost-effectiveness means, which refers to the lowest point where S&P or Nvidia have fallen in the past few months. At that time, it will be the position of high cost-effectiveness, and at the same time, it depends on whether the geopolitical impact of the second place has reached its worst stage. Once these two are met, coupled with the fact that the US stock market itself is the eldest son, the easy mode will lead to a very rapid rebound. This is the US stock market. After experiencing a decline of $20000 to $30000, Da Bing needs to go through a low-level oscillation on a monthly basis (I initially imagined a fluctuation of nearly $10000 around 68-78, but it ended up fluctuating around $65-75) ⚠️ What I'm saying is only the approximate amplitude of the oscillation, I can't be precise to the hundredth place On the one hand, it is necessary to switch chips to a sufficient situation; On the one hand, emotions need to be fully released, while on the other hand, new emotional accumulations and fluid sensitive stimuli are required. Da Bing can at most be considered an illegitimate child and cannot be compared to the US stock market. So we can also see why the S&P has reached new highs, while the big pie is still around 76, not even reaching 8, and even when the US stock market slightly rises and falls, the big pie falls sharply. Sensitivity to primary liquidity and accumulation of emotions. Who makes the US stock market a high-quality market for risk markets. Speaking of the current situation, as mentioned by Brother Wu, although geography is still affecting the market, financial reports are about to start influencing market sentiment. And now the most 'terrifying' stage of geopolitics has passed. Although oil prices are still slightly high, there is even a possibility that if there are any further issues with the second round of negotiations, oil prices may skyrocket. But for the big pancake, in the short term, I don't dare to go high short in the fluctuation range of 65-75. I need to start adjusting my strategy and go long on dips. Simultaneously encountering high oil prices. Because once the geopolitical influence becomes smaller, we need to look at the new dominant market trend. To be more direct, the geopolitical impact will decrease and the release of financial reports will also pass. So what will be the next one? So we need to watch while walking. Analyze one event at a time. Seize the present moment. Just to add, whether it's the US stock market or the big picture, looking at it over a longer timeline, especially on a weekly basis, there is actually a pattern based solely on the trend. Da Bing needs a sharp drop of tens of thousands of dollars to wash away the market and change chips, waiting for new liquidity stimulation, emotional accumulation, and the opening of a new round of trend unilateral market. If it is not upward, then it is downward, then it will come again, and the upward unilateral market will come sooner or later. And then repeat it like this. It's just a rough grasp of leverage and position. Don't think that the person you choose is enough. The US stock market itself is the easy model that I mentioned. Using weeks as a unit may not provide a comprehensive view, so use months as a unit. In any month of decline, there will always be something happening in macro, geopolitical, or other aspects, and after digesting this, it will continue to soar. Unless there is a major crisis, it requires specific analysis of the situation, but generally speaking, it is the pattern I am referring to. We need to have a big picture perspective and a grasp of details from the surface to the point.