After Er Gouzi soared to 3447, I said that a pullback was coming next, and the subsequent maximum drop reached over 16%. Friends who have been watching me, even if they don't have time to make a quick profit, at least won't chase the high and get stuck or blown up.
The next two scenarios:
Blue route: The first wave of pullback that started from 3447 has ended, followed by a rebound for a few days, then next week a lower point will be reached to end the adjustment, and then a surge will begin.
Red route: 2876 is not the endpoint; the wave of pullback that started from 3447 has ended, with no strong rebounds in between. It directly drops to find the endpoint by this weekend and then begins to surge.
The common point of both is that after the adjustment ends, there will be another big rise, the difference is whether the next two days will run a rebound and then drop again, or directly drop to the endpoint in one go.
I believe the blue route has a higher probability; currently, the market shows a demand for rebound. After the U.S. stock market opens tonight, if there is a chance for a pullback and it does not effectively break below 2876, I will consider making a short-term long position, with a clear stop loss and a reasonable risk-reward ratio.
