One more step forward!!! This morning, we saw through the downward logic of the market, and directly placed a short position at 75,300 in advance, targeting the critical support at 74,000. In the afternoon, the bearish trend gained momentum as expected, and we decisively advised to exit the position, once again securing a 1,000-point gain.

Those traders still blindly bottom-fishing and stubbornly holding long positions are probably being tricked again by the market’s false rebound. Time and time again, fighting against the trend only results in passive deep losses. In the face of a clear bearish trend, all the obsession with bottom-fishing ultimately proves futile. Every precise layout we make confirms the principle that following the trend is king; those who go against the trend can only silently swallow the bitter pill of losses.