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Is there still a bull? I'll just say three points:
First, I think the biggest reason at the moment is the lack of expectations. Any investment trading market needs something which is expectations. At present, the Federal Reserve does not release water, the market has no expectations, so currently it depends on whether Trump will topple Powell first, or the US economy will not be able to hold on and force Powell to release water.
Second, if the big cake falls to a number starting with 7, do you think the bear market is coming or should you buy the dip? This needs to be viewed from a timeline perspective. If it falls to the 7.3 level before the United States announces quantitative easing, then it is actually a good time to buy the dip. Although it may have already fallen below the MA200 trendline at 8.1, if it still falls to 7.3 after the Fed announces a rate cut, then it can be considered that the bull has left and the market may turn bearish.
Third, the discourse of a major collapse in the US economy, this kind of high-level macro thing, I think it won't happen in the short term, because as mentioned in yesterday's program, experts see the US debt reaching 50 trillion before reaching this singularity point, and currently at 35 trillion, there is still some time, at the current pace, I estimate it will be next year at the earliest, although there is a trend of index growth. Another point is that if the US economy collapses, then the global economy will collapse as well, so it doesn't matter what you buy.
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