
Last night, the Nasdaq still couldn't hold up, suggesting investors lack confidence in Trump’s midterm elections. China’s ChiNext and STAR Market declined earlier than the Nasdaq; if the Nasdaq begins to fall, these indices will likely follow, though with somewhat reduced magnitude. This month will primarily be a period of consolidation at the bottom, as current trading volume is insufficient to counter the heavy resistance above. Today’s opening, I plan to establish a small position in the ChiNext Index and reduce my position in the Shanghai Composite by half.