The policy of Fed's Waller is a medium to long-term "therapy".

In the short term, it is basically impossible for him to cut interest rates after taking office, and the market has even started betting on rate hikes. His reform proposals face significant disagreements within the Federal Reserve, and the implementation process is destined to be full of challenges.

For us traders, the basic one-sided trend still shouldn't be overly optimistic.
Today, weekend market fluctuations may not be as strong as on weekdays.
The current situation is still following yesterday's script, having already broken below the 2157-2076 range bottom.
The 2076 level is a key focus in the coming days, serving as a reference line to judge whether the bearish trend is continuing to worsen.
The standard for judging whether the four-hour decline has ended is a breakout of the range; until a small-scale bullish breakout above 2076 is formed, the decline is not considered to have been buffered.
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