>The recent pattern in the stock market is that if you open high, you have to go low, and if you open low, you have to go high. The market is going through a small range oscillation, which is ideal for repeated trading without greed. Today's pre-market was strong due to the easing of the Bundesbank crisis and SVB's assets being acquired by FIRST CITIZENS, representing the release of risk in the banking system. However, such strength in technology stocks on behalf of NASDAQ and SPY are difficult to sustain, although SPY closed in the green but still opened high and then quickly went lower. The three major indices only Dow Jones rose 0.6%, may also be a catch-up to the previous weakness. The banking industry temporarily said goodbye to tension does not mean that the risk crisis is completely lifted; as long as Fed maintains a tight monetary policy even if it no longer raises interest rates but keeps rates higher for an extended period of time then trend of funds flowing from ordinary bank accounts into short-term bond markets will not change; neither will flow of funds from small banks into large banks – over time all types pressure on banks can only get higher and higher until FED policies show signs reversing . Today there was also very noteworthy news regarding oil surging 5% today – stronger oil prices control inflation definitely not good news! From monthly chart: after five consecutive down daysoil formed very long lower shadow line technical graphics looked like phase bottoming signal – could this become another inflationary inflection point? We'll see what happens next...