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The “random guessing” script is a bit off, but before breaking through the rounded bottom neckline, I still maintain a bearish trading bias. During the upswing, a rounded bottom formation appeared. Subjectively, I don’t think it’s a real rounded bottom—it’s more like setting up a bull trap to lure in buyers. With CPI and PPI releases coming next Tuesday and Wednesday, it’s even more reasonable to play out a bull-trap formation.
Of course, all of the above is just a fantasy script. Friends who see this post can take it as a joke—don’t take it seriously. If I’m right, I won’t claim anything great; if I’m wrong, don’t go blaming me either. I’m just sharing my fantasy thoughts. 😄
I won’t write a technical analysis of today’s market. Don’t learn from my actions either, because I’m planning to add shorts in the 1796-1810 range according to the fantasy script. I’ll close the portion I add above 1710. If the script really plays out as shown in the chart, then when it bounces back near 1710 to the second-highest point (the location marked “add shorts” in the chart), everyone can refer to this chart to short ~!