Regarding the outlook for Japan's interest rate hike tomorrow morning, I have an important class at that time, so my views are as follows:

The previous two times Japan raised interest rates, the market crashed by about 20% to 30%. Based on experience, this time may also continue to decline. These are the lessons from the past two instances.

This time, somewhat unusually, the market has already priced in the likelihood of an interest rate hike, with about a 98% probability, almost a certainty.
Therefore, it’s hard to rule out the possibility that negative news will be followed by a quick rebound.

My strategy is:
After the negative news is confirmed, observe the situation. If it continues to fall, prepare to buy the dip; if it rises, wait for a pullback to go long. I never expected that a long position at 2800 would rally close to 3000, but I closed at 2866 because of the CPI positive news. I truly didn’t expect such a significant deviation from the forecast, which caused a sharp rally in a short period. This kind of unpredictable factor is very rare.