On October 7th, 2026, record 1、 Market situation In fact, we should all be familiar with the current market situation; After all, the AI bull market has not just begun, it has been 4 years since 2022; During this process, we have experienced N macro headwinds, policy headwinds, and environmental headwinds (interest rates, interest rate hikes, wars). When headwinds arise, funds in the market will gather together, and this group, which has not changed since 2022, is technology stocks. NVDA N times single rider savior. ） The market with adverse environmental conditions is actually a good opportunity to choose the strong. The following is a supplement to @ grok (Figure 1). 2、 Crude oil as anchor A few days ago, I mentioned that oil has a certain possibility of entering a downward trend in the medium term (I also mentioned that those of us who play with waves generally do not easily use the word 'trend'); The main contradictions of the current market headwinds will not be explained in detail. Macro teachers are more professional and can summarize them as: oil prices, long-term interest rates; From a technical perspective, I believe that the current oil price is in the first stage of a strong to weak transition. Once the oil price falls below 85 (82), the market's certainty of the decline in oil prices will increase, and the risk market will accelerate its upward trend. After all, the current market has been played with by oil too many times, so it is relatively cautious. (Figure 2)