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Explore the mysteries of wave theory and predict future market trends.
Professional analysis, technical support, precise entry points, and winning every move.
The following viewpoints are for reference only. The market is risky, and investment requires caution.
07:25
During last night’s live stream, you repeatedly reminded everyone not to easily go long now. The market has already entered a weekly-level downtrend structure. The market top has already been formed; during last night’s push to 65,090 it still failed to break through, followed by another round of consolidation-and-decline. At present, it is still in the downtrend and has now reached a key level of 63,800. If this level breaks down effectively, it will accelerate the move lower toward 62,475, 61,850; the overall market will step down and trade in a range, with a consolidation band of 63,800~61,850. The downside target for this drop is 60K.
Don’t go long easily,
Market structure: C4-2
Market trend: Downtrend
Trading strategy: Sell/short on rallies as the main approach