News: Two former Fed officials warned that the Fed’s final rate hike may be greater than market expectations and may increase by at least 3%. The U.S. dollar index jumped and U.S. Treasury yields also rose sharply. The three major stock indexes plunged and closed slightly. Overall diving.
Technical side: To see if AB equals to CD in 4h, the rebound will be completed. The position of the completion of this pattern is just at 60k. If it falls below 60k, look at 58k, and then it will be a very big adjustment.