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Tonight's US stock opening will likely continue with a pattern of lower opening and volatility, with risk-averse sentiment dominating. Tech stocks and China-listed stocks will face notable pressure, while energy and defensive sectors may show relatively better resilience.
A reversal is hard to achieve; a "negative news digestion volatility" scenario is more probable.
The true directional choice will need to wait for the US PCE data on Wednesday and the non-farm employment report on Friday. Before that, the market will adopt a defensive posture to handle uncertainty.
The overall trend remains unchanged. Avoid blindly buying the dip or shorting. Patiently wait for the market to provide a clear direction.