This afternoon at 3 PM, the market suddenly entered a correction mode, directly breaking through the middle line of the Bollinger Bands, very cleanly and neatly, indicating that this decline was suddenly met with selling pressure.
Shisan reviewed all the data and news, and it was almost impossible to find a reasonable explanation for this decline.
However, in the past few days, we have mentioned that the current market is still in a fluctuation cycle, and it may remain in a fluctuating state until just before Trump's inauguration, so everyone should be mentally prepared.
However, this also presents a good opportunity for high sell-low buy.
I have already clearly informed everyone in the group about the operational range; everyone can try with small positions, but do not act rashly, as at this time, the main force can easily break these so-called supports and resistances.
However, from the clearing map, it appears that the downward clearing target should have been completed, and the probability of the market fluctuating upwards tomorrow is slightly higher.
If the market retraces to the 93,000 support range, one can buy a little.
In fact, analyzing these short-term market movements every day is something we bloggers must do, but it does not hold much significance for everyone’s guidance.
Especially with Shisan's investment method, this small-level fluctuation has no impact on us; a decline can actually be a good thing, allowing us to buy at lower levels and sell at relatively higher levels, thus continuing to lower our overall holding costs.
However, during this process, we will generate a lot of panic emotions, which need to be correctly guided; otherwise, excessive fear will lead to cutting losses and exiting the market.
At this time, exiting would truly be falling before dawn.