Yesterday, we made another move, breaking the previous high and hitting the 90,000 mark. In the evening, the market suddenly dropped near 85,150, followed by a quick rebound. This is clearly a common tactic used by institutions to wash out retail investors during a bull market, but here, the old black still maintains a slight exposure to the pullback. During the day, five waves of exposure all resulted in exit from positions.
Currently, the sentiment remains relatively high. The short-term pullback is a technical adjustment, and we should act accordingly. The mid-term inflation is a trend that is bound to happen. We need to pay attention to the release of the evening CPI data. Bai Xin still treats it around the bottom exposure and will make further adjustments in the evening.
Exposure near 86,500-87,000, looking at 89,000-89,600 nearby.
