CLO's recent movement is quite interesting. Dropping from 0.856 to 0.61, many people couldn't understand it, but a careful analysis shows that the high point does seem a bit abrupt. Since it has already surged to 0.8, breaking through this level is not surprising. The reason I placed an order at 0.926 was simple— to prevent it from扎针. As expected, the decline followed my prediction closely: 40% dropped straight down, 30% retraced to 0.841 before going lower. In fact, the probability of falling below 0.84 is even higher.

The key now is this—CLO did not break through the 0.6 level, indicating support. Next, it is very likely to enter a small-range consolidation phase. If the sideways movement lasts longer, there's a high chance of further decline; conversely, it could trigger a new round of upward movement. Currently, I estimate about a 65% chance of a rebound to 0.65. Whether it can reach new highs later depends on how the market reacts.