According to the script of gold rising, oil falling, and non farm differentials decreasing, the probability of interest rate hikes has now been lowered. The Federal Reserve may not really be able to raise interest rates or cut interest rates (at least in the short term, even if it raises interest rates in September, it still has more than a month to go). Instead, it mainly depends on expectations to adjust the market. If the deposit is too hot, it will raise the expectation of interest rate increase. After a round of foam, it will lower the expectation of interest rate increase and raise the expectation of interest rate reduction. In particular, after Li Zaoming signed a 950 billion order with Samsung Hynix, the loophole of the original capital outflow of the American system was blocked. Sanhai took the money earned to join the drum game again, and the small cycle turned into a big cycle, so that the foam could continue for a period of time, otherwise, the cyclical wear of only American manufacturers would be too big. According to this line of thought, it is reasonable to infer that tomorrow's big non farm payroll data should continue to lower expectations of interest rate hikes. After all, the current data quality in the United States is well understood, and it is completely possible to provide data on demand. If necessary, we can make further revisions later. In this case, the US stocks that have been through the foam will not go down unilaterally. They will probably go zigzag as previously said, but the market will start to differentiate, depending on the amplitude of their respective fundamentals. And if oil prices want to rebound again, the US military needs to physically accumulate another batch of ammunition, as well as get through the dangerous period with the July CPI data on August 12th. It is more appropriate to consolidate for about a month like the previous wave of decline. @BITstocks_CN buys US stocks on BIT, with over 10000 US stocks and ETFs, holding real positions and enjoying dividends.