Adjustment after the strong rise of the Nasdaq!US Nas 100OANDA:NAS100USDMiranJosh On Tuesday, the Dow Jones Industrial Average closed up 0.91%, the S&P 500 fell slightly by 0.11%, and the Nasdaq fell by 0.82%. Powell avoided a sharp question about July (rate cuts), refusing to rule out any possibility four weeks before the policy meeting. His overall comments showed little that he was preparing for a rate cut this month. Powell hinted that if inflation is not as bad as feared, rate cuts may be resumed. The Nasdaq opened high and fell today, ending the previous strong upward trend and falling for the first time. Whether the opening will continue to fall tomorrow, it is necessary to pay attention to the impact of non-agricultural data to determine the signs of resistance of the Nasdaq. Overall, I think that the Nasdaq is expected to encounter resistance when it fluctuates at a high level. For tomorrow's operation, consider rebounding shorting first, and then selling when it is suitable. Pay attention to the resistance of 22556-22656 on the top and 22300-22200 on the bottom. Plan: Sell if resistance is encountered at 22556-22600, target 22400-22300, If it breaks above 22650, it will stop the expected bearish trend and push the Nasdaq back to the main trend of volatility.