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6.21 Song Xiqing Summary: Don't treat news as a trend, don't mistake a rebound for a reversal.
Yesterday's words were very straightforward: chasing the dip is all in the market, liquidity is almost exhausted, now pulling back? Think again.
This wave of rebound looks lively, but it doesn't change anything. Once the hype passes, what should go down still has to go down.
When it reaches the target level, that's the real time for a reversal.
Now, hold your hands, follow the plan.
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