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Explore the mysteries of Elliott Wave theory and anticipate future market trends.
Professional analysis, technical support, precise entry points, and guaranteed wins.
The following views are for reference only; the market involves risk, and investment requires caution.
Welcome to join the “Elliott Wave Legend Guaranteed Win Live Trading Group”.
07:50
Last night, the market, as expected, traded with consolidation and fell, stabilizing around 61,800. After that, the rapid sell-off has temporarily come to an end. Next, the market will trade in a tight range around 61,635~62,360, then continue to break down below 61,635 toward 59,980. A break below 61,635 will trigger another round of rapid downside.
Market structure: c4-2
Market trend: Downtrend
Trading strategy: Short on rallies as the main approach; short-term long opportunities upward are limited; be careful about weekly-level decline.