# 3.18 Daily Summary

It was a dark day. The morning thesis aligned perfectly with expectations, and the daytime analysis was spot on. The decline started before 8 PM, with multiple support levels broken in succession. I controlled my positions today—profited on 2 trades, took a loss on 1 trade. Waiting for news to land in the evening.

Powell's speech at 2:30 AM is the key variable that will determine the short-term market direction.
If his remarks lean toward economic slowdown, inflation persistence, or even "stagflation-like" language, it will directly reinforce hawkish expectations, and risk assets will likely face pressure and weaken.

No matter how cold the data is, it cannot compete with a single policy statement—market movements are always being driven by "words."

With only 1.5 hours remaining until the Fed's interest rate decision, the market has already played out a downtrend in advance. The downside move that was originally planned to be positioned after Powell's speech at 2:30 AM has now been triggered as emotions are vented early. This confirms that the current market is highly sensitive to policy uncertainty, requiring more cautious handling of volatility in operations.