The market remained in a narrow range throughout the weekend, and after 10 PM last night, there was a period of both long and short liquidation. The 2920 long position set up during Friday night's live session entered perfectly and is currently up 120 points; you can reduce your position and set a break-even stop. Looking at the current market, it's important to continue monitoring the support at the daily BOLL middle band, with a minor turning point at 3080 above. From the weekly chart, with the new week starting, the market is expected to continue a period of upward consolidation. The Fed interest rate decision is at 3 AM this Wednesday.
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The market remained in a narrow range throughout the weekend, and after 10 PM last night, there was a period of both long and short liquidation. The 2920 long position set up during Friday night's live session entered perfectly and is currently up 120 points; you can reduce your position and set a break-even stop. Looking at the current market, it's important to continue monitoring the support at the daily BOLL middle band, with a minor turning point at 3080 above. From the weekly chart, with the new week starting, the market is expected to continue a period of upward consolidation. The Fed interest rate decision is at 3 AM this Wednesday.