Group 1 - The market is experiencing significant volatility, with short-term gains quickly reversing [1] - The overall market structure has not shown clear signs of damage, but there is a sense of uncertainty regarding future movements [1] - The best outcome for the index would be a contraction in volatility followed by a rebound, contingent on the current market structure [1] Group 2 - A negative expectation is that if the market breaks below the 200-day moving average, it may lead to a medium-term pullback [2] - There is skepticism about whether the current leadership can sustain market support, indicating potential challenges ahead [2]