Hello everyone, I am Shihun.
Last night, I placed an order at the integer mark near 62,000. To be honest, I felt that 62,000 was not safe last night. First, the net inflow of funds in the big cake reached 600 million in a short period of time last night, about 10 to 11 o'clock in the evening.
Second, the four-hour closing at 12 o'clock in the evening was a real big positive line, and there may be further extension in the future.
1. When I got up this morning, I saw that the highest point of 61,340 began to pull back. I said before that there was an expectation of five waves hitting the highest point, so 61,340 can be the highest point of the five waves under normal circumstances. Then the follow-up is to go through an abc wave, a decline of three waves, and after the three waves of decline, a new wave will reappear and start a new eight-wave rising market.
2. However, the starting point of the first wave is the most difficult to capture, which is what we often call bottom fishing. Therefore, for this period of market, when the high point of the fifth wave appears, the probability of winning by shorting is stronger than that of longing. Now it is highly likely that it is just going through wave a again, and the upward correction of wave b has not yet gone. It is not too late to capture the starting point of the first wave or bottom fishing after the largest decline of wave c comes out.
3. At present, 61340 is only temporarily regarded as the highest point of the fifth wave. You cannot completely classify it as the highest point of the fifth wave, because the entire fifth wave is a complex extended wave wave pattern. There is still a possibility in the future, that is, 61340 will be broken, then the shorting point will not be yesterday's 62000, but 62420, and the stop loss will be placed at 63000. This possibility is not great, but it still exists.
Summary: From yesterday's 58500, the idea of high-altitude in the future must be no longer much lower, unless a new low point of wave c appears, then think about low-long.
Pending order: 62420 short stop loss 63000 take profit not set (there is a premise here that the 59600 below is not broken before placing the order. If it is broken, you will most likely not be able to receive it)
