On April 8, according to The Kobeissi Letter, U.S. stocks fluctuated significantly in the short term due to fake news of "tariff delays". The reasons for the fluctuation can be attributed to technical indicator requirements and market sentiment is still in the "buy the dip" mindset that was a few years ago.

Analysts said that investors have become accustomed to buying stocks on dips in the past two years. This is true for both institutional investors and retail investors. Even in March, as the market fell, capital poured into the stock market. Now, if a trade deal is announced, no one is willing to "miss" the bottom.

However, the article reminds investors that if April 9 approaches and no trade agreement is reached between China and the United States, market sentiment may collapse again. Market sentiment is polarized and panic is reaching the level in March 2020, which means more volatility will occur in the future.