$Tesla Motors(TSLA)$ Expectati

Expectations that the Federal Reserve will postpone interest rate cuts are still brewing. The number of interest rate cuts implied by CME interest rate futures has been reduced to one last year, namely in September. This has caused the 10-year U.S. Treasury bond and the U.S. dollar to continue to rise, approaching previous highs.

On the one hand, there is "inevitability" in the decline of U.S. stocks. On the other hand, it is not a bad thing for U.S. stocks to fall at this position. It can not only digest its excessive expectations, but also help to restart the interest rate cut trade.

Therefore, the current short-term rebound is still based on selling on highs, and then looking for lows and buying on lows after another round of adjustments.

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