2024-10-07 Today's Views Abridged Version

Hello everyone, I am your cat. After one night, the big cake has come out of the pattern. I don't know if everyone is trading according to the plan. The difficulty has been upgraded again. If you play like this, it will be difficult to judge the top and bottom in the future. Today is only the 7th. If it rises at this speed, it can basically "top" around the 10th. Then there are 20 days left this month, which is a bit long. It is very difficult to maintain a high position, but this gives friends who are long and trapped in the spot an opportunity to leave. After the trap is untied, you can move the stop loss position. If it rises a little more, you move a little. Just keep moving the stop loss position to the latest 4-hour level support. Don't sweep it, just wait patiently for the next opportunity to enter the market.

Now the pattern is long, so you can't say it's short. Then, from the perspective of the pattern, it is not the top at present. At least you have to look at the situation on the 644 side first.

But this is the market trend that came out over the weekend, without the influence of the Nasdaq. To confirm whether this price is true or not, we need to wait for the Nasdaq to close once.

For the big cakes that entered around 623, the stop loss position is moved to 628. If you can't sweep it, just hold it. If you sweep it, don't give it up. Don't let anything really happen. Just wake up and the sky will fall.

Although I didn't think it could really rush up yesterday, the position of judging long and short was still clearly marked. Since it came up as I said yesterday, it can't be said that it will flash crash or fall, unless the pattern goes bad again. If you don't understand how to judge, you can review yesterday's article.

My method is not suitable for players with high multiples, but only for friends with low multiples and strict stop losses.

Finally, I still have an empty position. If I miss the entire bull market, I will miss the entire bull market. Before it reaches the bottom I expect, I will wait and see. (Don't learn from me. I am a happy bean player. You can trade as you should).

Finally, I will start work tomorrow. Did everyone have fun during this National Day? Where did you go? Share some travel photos to make your cat happy!