Exploring the mysteries of Wave Theory and predicting future market trends.

The following views are for reference only. Markets are risky; invest with caution.
12:06
After breaking through the overnight high of 63,475 in the morning, the 60-minute K-line has entered the final sub-wave, reaching a high of 64,035. Currently consolidating around 64K, accumulating momentum to challenge 64,218. Whether it can hold above this level will determine whether the subsequent trend has a chance to challenge the previous high of C4-1 at 64,729. Pay close attention in the afternoon session. At present, the volume in this sub-wave rally is shrinking, and even if there is further upside, it is likely to top out near 64,218. The expectation of a Fed rate hike is strengthening. The market is ignoring negative factors and institutional exits. If the market does not fall when it should, beware of a bull trap.
Trading strategy: Favor short positions on rallies.