This rise is just a washout, so I predict that the future will still be volatile!!!
Tonight, the market indeed welcomed a wave of rise, but we should maintain a rational attitude towards it and not be overly optimistic about short-term trends. From the existing data analysis and technical indicators, the market is still in a relatively volatile range and has not shown any clear signs of an imminent breakthrough.
The possibility of a sharp surge in the market in the short term is not high, especially during this special period of Christmas, when most professionals on Wall Street will enjoy their rare holidays, and the market’s activity will naturally be affected.
Personally, I predict that the market may continue to fluctuate within the range of 92,000 to 99,000 in the next 1 to 2 weeks. During this time, there may be several quick ups and downs, and these fluctuations may exacerbate investors' emotional swings, tempting them to sell out of anxiety, which is a common tactic of market washouts. Only when such a volatile period has passed can the market welcome a true breakthrough.
It is worth noting that this period of volatility is also an opportunity for major funds to quietly lay out and build positions. Due to the large scale of their operations, the inflow of funds will inevitably be gradual to avoid excessive market price increases.
Therefore, in the face of the market's rise, we should remain calm and not be overly excited by a temporary surge. Similarly, if the market adjusts to the 92,000-point range or even lower to the 88,000-point range, we should not panic but rather hold onto the quality assets we have.
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