Yesterday, the CPI index met expectations. On October 30, the probability of the Fed lowering interest rates by 25% has reached 98.5%.

Moreover, I've heard that China has started buying American soybeans, so the China-U.S. trade war must have eased and reached a compromise. That guy Trump, when he benefits, usually softens his tone; his business persona is fully on display.

From a structural perspective, it is indeed a candlestick pattern, a bullish engulfing pattern, with the MACD and moving averages at the bottom about to golden cross.

The big pie is around 111000, with support at 109000 and 107500.
‍#CPI数据来袭