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Don't remind me again today

How will the US stock market open on December 2? From the pre-market signals, the atmosphere is indeed good, but don't get too excited too early—there are still a few pitfalls hidden in the technical aspects.



**Let's talk about the positive side first:**
The three major futures have already warmed up in advance, with the Dow rising 0.10%, the S&P 500 rising 0.24%, and the Nasdaq rising 0.33%. European stock markets are also rising in sync, and the external environment is clearly laying out a red carpet for U.S. stocks. More critically, the market is betting that the probability of a Federal Reserve rate cut in December has soared to 87.4%. That 'Wall Street sage' Tom Lee even stated that the S&P 500 could rise 5% to 10% this month—such expectations are fuel in themselves. Additionally, the online shopping data for Thanksgiving is impressive, with MongoDB soaring nearly 23% in pre-market trading. With these factors combined, the probability of a strong opening is indeed quite high.

**But the problem is also very clear:**
The three major indices on the technical chart have recently shown some fatigue, with the Dow Jones lingering below the middle track and unable to push higher; the Nasdaq and S&P 500 also exhibit insufficient volume, appearing hesitant in front of resistance levels. More subtly, the so-called "bright" shopping data is actually propped up by price increases, and sales have not kept pace, leaving the internal economic divergence issue unresolved. If sentiment suddenly turns cautious after the market opens, these hidden risks could trigger fluctuations or even a pullback.

In summary, the market is likely to rise first and then fall after the opening, and whether it can stabilize will depend on the attitude of funds during the trading session. In the crypto market, we can pay attention to the rhythm of the US stock market, as the sentiment transmission between the two sides is becoming faster.
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MevSandwichvip
· 12-02 21:27
87.4% interest rate cut probability sounds great, but the sales data propped up by price increases... this time the pit is likely not small.
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GateUser-ccc36bc5vip
· 12-02 14:50
Wait a minute, is Tom Lee's expectation of 5-10% just another pie in the sky... The 87% probability of rate cuts sounds wonderful, but the real problem is the sales data falling short.
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TokenVelocityvip
· 12-02 14:50
The Nasdaq rose 0.33% and you want to stabilize? I really can't trust the data that hasn't followed up on sales, we'll have to wait for a pullback.
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ProtocolRebelvip
· 12-02 14:47
It's the same old trick of "rise then fall" again. Why do I feel like this is always said, and what’s the result? We still have to see if the capital daddy is in a good mood.
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SleepTradervip
· 12-02 14:44
It's the same old trap of first rising and then suppressing. I don't believe Tom Lee's rhetoric... The details of consumer data rising in price are incredible; the real purchasing power is still the same, and with such a weak technical outlook, how can I dare to follow the trend?
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LightningAllInHerovip
· 12-02 14:31
It's the same old trap again, the price rise data is misleading, and sales can't keep up... I believed Tom Lee's 5-10% for nothing.
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