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Darkest hour, a desperate counterattack!
Based on the current market sentiment, it is definitely the darkest hour, but as I mentioned last Friday, opportunities come from declines. The drop on Friday afternoon, in my view, already presents a left-side trading opportunity. Over the weekend, panic sentiment intensified wildly, coupled with external uncertainties, so a normal expectation is an inertial gap-down today. After the decline, it should be seen as a bottom-fishing opportunity. Moreover, sentiment tends to lead the index rebound,
waiting for the fourth long lower shadow this month.
Pessimists are always right, optimists always move forward!