Share the current market analysis.

Weekly:

Last week's close formed a shooting star, which is a bearish pattern. The strong bullish candle indicates that there is strong resistance above. It tested the previous high and encountered severe selling pressure. Currently, it has returned to the parallel channel, and there will be a short-term need for a pullback. After the pullback ends, it is highly likely to continue testing the historical new high.

Daily:

On October 28, after a strong breakout from the parallel channel, it surged to the historical previous high near 73600. On the 30th, it formed an inside bar and encountered selling pressure, returning to the vicinity of the parallel channel. This morning, it closed with a bearish hammer candle, indicating a relatively weak stop-loss effect, and no other obvious stop-loss signals have appeared yet. 65103 is the neckline level; observe whether there are any significant stop-loss reversal signals in the subsequent pullback.

Summary:

The weekly level is about to enter the mid-term bull market, currently still testing the historical new high. The weekly candle closed bearish, suggesting there may be a need for a pullback. After the pullback ends, it will continue to test the historical new high.

The daily level is in an upward trend, currently in a pullback process, with the neckline level around 65000. If the pullback is strong, it is likely to reach this vicinity; observe whether there are any significant reversal signals.

Tomorrow is the big election, and there will be some fluctuations in the market around this time point. Regardless of who takes office, it will not affect the direction of the major trend; the difference is only that there will be short-term phase adjustments. It is still in the process of consuming retail investors' chips, and sector rotation will still occur.