Analysis: If the trade agreement cannot be reached on April 9th, market sentiment will collapse again

According to an analysis by The Kobeissi Letter, the US stock market experienced short-term significant fluctuations last night due to fake news of "tariff postponement". The reasons for the fluctuations can be attributed to technical indicator requirements and market sentiment still being in the "buy the dip" mindset of a few years ago. Analysis suggests that investors have become accustomed to buying stocks at low prices in the past two years. Both institutional investors and retail investors are like this. Even in March, as the market fell, capital flooded into the stock market. Now, if a trade agreement is announced, no one wants to 'miss' the bottom. However, the article reminds investors that if April 9th approaches and there is no trade agreement between China and the United States, market sentiment may collapse again. Market sentiment is polarized, with panic reaching levels similar to March 2020, indicating that there will be more volatility in the future.