【Midline Adjustment Script】65800-99750, increase of 34000 points.
First (downward) wave: Retracement of 0.382, dropping to 86950, around 87000. Drop: 13000 points;
Second (rebound) wave: Recovery of 0.618, rebounding near 95000. Here there are large short positions to be liquidated, and it is also a lifeline for long positions at an average price of 95000-97000.
Short-term buy on dips at 89850, 89200, 88800 to rebound above 91600 for profit, then pull back down, gradually bottoming out at 88250, 87300.
Third (downward) wave: Retracement of 0.50, dropping to around 82750.
Fourth (rebound) wave: Rebound of 0.782, rising to 113600.
If understood, please applaud.