The current market trend, if the market outlook is bearish or the current market is bearish, then there will be any rebound after the decline on August 5 or August 15, and the market will fall instantly. The reason is simple, the high position falls and the profit is taken out.
But it is not like this at present. Instead, it keeps testing the support at a high level and then rebounds. Every time it falls, it will rebound quickly. Obviously, this is not the trend of a bear market at a high level, so after the consolidation is over, there is only one direction, up!
