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Watch Closely for Buy Points to Appear

2008/8/11 7:54:18

The triangular rebound below 2762 points formed the first hub of the decline from 2924 points, followed by a new leg down. The subsequent evolution is nothing more than two possibilities: comparing the strength of the two segments (30 or 60 minutes) — if the latter segment is stronger than the former, then another hub followed by a downward divergence is still needed before the decline from 2924 can be completed. Conversely, the decline from 2924 is merely a consolidation trend requiring only one hub, after which prices will quickly return above 2679 points.

From the larger perspective, the hub oscillation that began on July 3 has not yet produced a third-type sell point, and can still be viewed as a continuation of that hub oscillation. Only if, after the downward sub-level trend type starting from 2924 completes, the subsequent sub-level rebound fails to return to the hub, can the hub's complete breakdown be confirmed.

Therefore, in summary, the greatest short-term opportunity right now is the buy point formed at the completion point of the trend type descending from 2924. Following that, there will be at least a rebound of the same level as the decline from 2924. Closely monitoring the short-term buy point is the biggest task this week.

For those who can't understand the above, there are two paths: one, go to Zhang so-and-so; two, humbly read the lessons until you truly understand them.

This ID can proudly declare that all of this ID's wealth was seized from the hands of vested interests through this ID's own intellect. To destroy them, you must drain their blood dry. The capital market is the fairest arena — the question is whether you possess such wisdom.

Without wisdom, you can only wait to be buried alongside them — what is there to say? Of course, having clear self-awareness and sticking to the sidelines when danger looms is also a form of wisdom. Self-knowledge has always been the greatest wisdom. If you lack ability, build it — no one can do it for you.

Signing off for now, goodbye.