In the past two weeks, many people have been asking if there will be a significant pullback recently, with the basic reasoning being that the increase has been too much, and 100,000 is a watershed.

In many people's minds, a "significant pullback" means a drop of ten to twenty thousand points in just two to three days.

Recently, I have been responding that there will not be a significant pullback in the near term, mainly based on the trend of the market.

This is because significant pullbacks are generally formed by small pullbacks escalating step by step, combined with a sudden major negative event brewing. Currently, we are only seeing hourly level adjustments, and there has been no appearance of a high-level empty formation, so it is confirmed that there will not be a significant pullback for the time being; it is normal to buy on dips. Every time a new high is reached, adjust the low buy points and set new profit targets. If it is in a sideways market, maintain the historical profit target. If the pullback goes below the existing support point, lower the profit target accordingly; just adjust with the market changes.

There are no negative time points in November, so there will be no significant pullback. In December, apart from the interest rate cut time points which may cause minor fluctuations, there will also be no significant pullback.