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@pandaBA007 Indeed, a one-day surge doesn't mean anything. Being able to survive and wait for the rebound is more important than anything else. I'm also controlling my position size and taking it slow.
@pandaBA007 Sentiment recovery and technical rebounds shouldn't be taken as reversal signals. The key is to watch subsequent earnings reports and the September interest rate decision. The market will be healthier after leveraged funds are cleared, but leverage in the US stock market is also high, so we need to keep an eye on both sides.