The market remains in a volatile pattern, with the long-term trend still in a retracement phase, and no clear bottoming signal has emerged yet. On the hourly chart, prices are fluctuating up and down, and the direction is unclear. At such times, there are valid reasons for both long and short positions, but the key is not to disrupt the overall pattern.

The specific trading approach remains the same: buy near the 863-865 zone below, and sell around 880 above. But here, I want to emphasize a lesson learned — never be lazy; once you place an order, treat it as if you're hands-off.

I've seen too many people suffer this loss: clearly, the hourly or 4-hour chart has already indicated a direction, but your orders are placed in the opposite direction, and you haven't set a stop-loss. That kind of pain is really hard to describe.

The combination of timeframes is crucial. Use 4-hour with 15-minute, or 1-hour with 5-minute charts, to clearly see the short-term rhythm. Trading against a big bullish or bearish candle? That's pure gambling. The support levels for stopping the decline and the resistance for pausing the rally are just estimates and not guaranteed.

After trading for so long, if a clear direction is to be determined, whether upward or downward, there is usually about 4000 points of room. The key is disciplined execution and proper stop-loss placement. Additionally, keep an eye on institutional movements in the US stock market, especially whether large funds will make another move to stir the market.