17:34
JPMorgan: The technical whipsaw in US stocks may have ended, suitable for Buy the Dips.
According to ChainCatcher news and Jin10 reports, the trading department of JPMorgan stated that the longest consecutive decline in US stocks since August has created opportunities for Buy the Dips. The S&P 500 index has fallen for four consecutive days, with a cumulative decline of 3.4% as of Tuesday's close. Andrew Tyler, head of global market intelligence at JPMorgan, stated that this round of pullback represents a "technical Whipsaw" in the stock market, and the adjustment period may have already ended. Tyler noted in a report to clients on Wednesday that, given no changes in fundamentals, it is now possible to Buy the Dips.

