【The two possibilities of the daily chart bring uncertainty to market trends: Interpretation of Liu Da's viewpoint】
On November 4, 2024, Liu Da pointed out that there are two possibilities in the daily chart. One is that after the decline of wave C, a new rise begins, and this new rise may reach 114,000; the second is that if a new rise occurs, last Friday closed at the support level at the blue dashed line 67,201, approaching the blue curve over the weekend and starting to rebound. If it can break through the red curve 70,282, it will strengthen again; if it falls below this, there will be momentum for further pullback. Bulls need to hold 66,068; if this position is broken, the first possibility increases significantly. In simple terms, if Trump is elected, the rise corresponds to the second scenario; if Harris is elected, it corresponds to the first scenario, very straightforward. Everyone can refer to Liu Da's viewpoint.
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