Buckle down and get ready for the Lunar New Year rally! After two months of market stagnation, there's finally hope for a rebound. Looking at most Wall Street predictions, the Fed is unlikely to cut rates in January, probably maintaining the status quo. With a lull in February's interest rate decision, the probability of a rate cut in March is higher. Overall, positive expectations outweigh negative ones at the macro level. Following past upward trends, market volatility will occur before the positive news materializes, meaning it will likely begin before the March rate cut. I've created a large-scale candlestick chart for your reference. Since the last bull-bear cycle, the black line in the chart has consistently served as a support line, which I call the "lifeline." The only time it was broken in the past five years was during the major bear market of 2022. From the October correction to now, the market is currently stabilizing around this line. My conclusion remains unchanged: the short-term bottom has been reached, and Q1 of next year is still worth anticipating, especially during the Lunar New Year period. I've endured a lot of market noise these past two months; it's truly commendable to have persevered. Those who have stuck with me deserve a thumbs up!
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